Navigated to Nifty eyes a comeback session after Thursday’s bruising selloff; RIL AGM & Q1 GDP in focus | MC Market Minutes

Nifty eyes a comeback session after Thursday’s bruising selloff; RIL AGM & Q1 GDP in focus | MC Market Minutes

August 29
7 mins

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Episode Description

The GIFT Nifty signals a strong gap-up start for Dalal Street, coming a day after the Nifty slipped below key support levels in a bruising selloff that saw the index end the August F&O series with a 500-point cut. The overhang of Trump’s 50% tariff storm continued to weigh on sentiment, while heavy FII outflows and broad-based sectoral weakness have left the market vulnerable to further downside. All eyes today will be on Reliance Industries’ 48th AGM for big-ticket announcements and on the release of India’s Q1 GDP print. In stock-specific action, CG Power, Infosys, Hexaware, Muthoot Finance will be buzzing while NSE will exclude 8 stocks from the F&O segment starting today. Tune in for all this and more in today’s Market Minutes — your morning podcast bringing you the top stories to kickstart your trading day, from stocks in the news to macro trends and global market cues.
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