• SENSEX
    NIFTY 50

Anisha Jain's market update on July 29: Sensex, Nifty likely to open lower; Vodafone Idea, ICICI Bank, Auto stocks, Yes Bank in focus

Indian shares looked set for a weak start on Monday, tracking sluggish Asian stocks, as US-China trade talks resume and the Federal Reserve is expected to deliver its first interest-rate cut in a decade.

Asian shares remained subdued with much riding on whether or not the US Fed signals yet more are in the pipeline.

On Friday, Indian shares snapped six straight sessions of declines, driven by a rally in financial and auto stocks. The Sensex settled 52 points higher, or 0.14 percent, to close Friday's trade at 37,883. The Nifty50 also added 32 points, or 0.29 percent, to settle at 11,284.

At 7.00 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, traded 17 points, or 0.15 percent, lower at 11,311.50, indicating a negative start for the Sensex and the Nifty 50.

Stocks to watch: Vodafone Idea, ICICI Bank, Auto stocks, Yes Bank in focus. Click here to know more.

About MarketBuzz

The CNBCTV18.com podcast on the big themes, vital news and key events that you should know before the opening bell, powered by CNBC-TV18 anchors.

MarketBuzz is your daily morning briefing by CNBC-TV18 research analysts and anchors Sonia Shenoy, Ekta Batra, Anisha Jain, Nigel D’Souza and Mangalam Maloo to jumpstart your stock market investing.

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