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ETMarkets Evening Podcast: Will bears take back control on Dalal Street now?

Hi there! You are listening to ETMarkets Evening Podcast.

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Hi there! You are listening to ETMarkets Evening Podcast.

This is Abhinav Kaul and I will get you today's trading high points plus razor-sharp analyses from the best of market minds.

If you thought the market is out of the woods, time to do a rethink.

Selling pressure is back, and the grip tightened on Tuesday.

Monsoon may have hit the Kerala coast early, but this time the market seems to have other designs.

The result: Key benchmarks fizzled out, almost wiping out their Monday gains. With this, their three-day winning run is gone.

The rupee is feeling the heat again. The deepening political crisis in Italy kept investors tense too.

Flagship Sensex gave up 216 points to finish at 34,949. As for the Nifty, the final reading came at 10,633, down 55 points.

Stocks that pinned down the Sensex were ICICI Bank, the HDFC twins, SBI, and Kotak Mahindra Bank.

Bank, financial, FMCG, energy and consumer durables turned out to be the sectoral eyesore.

Let's see what Hitesh Agrawal of Religare Securities has to say on fundamentals.

Byte 1: Hitesh Agrawal

Bosch took the cake with the biggest spurt in open interst at 58.17 per cent. M&M at 55.20 per cent and Nestle India at 55.06 per cent were the other toppers.

Over to Vijay Singhania of Trade Smart Online for F&O status report.

Byte 2: Vijay Singhania

On the Nifty heatmap, 16 stocks did well, but 34 failed the test of the day.

Dyaneshwar Padwal of KIFS Trade Capital shares his views on technicals.

Byte 3: Dyaneshwar Padwal

Thats all for now folks. Do check out ETMarkets.com for detailed market analysis and come back for our regular market podcast. Have a wonderful evening ahead.

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