1129: Marketbuzz Podcast with Ekta Batra: Sensex, Nifty 50 to open in green tracking global peers as Fed keeps rates unchanged

Indian benchmark indices — Sensex and Nifty 50 — are likely to open higher on November 2, tracking a rise in global stocks after the U.S. Federal Reserve kept rates unchanged and Chair Jerome Powell hedged on the possible end of the rate hiking cycle.



India's GIFT Nifty was up 0.86% at 19,214.50 as of 8:12 a.m. IST, over 200 points above the Nifty 50's Wednesday close of 18,989.15.



Wall Street equities rallied overnight, with S&P 500 and Nasdaq Composite adding more than 1% and 1.5%, respectively. Asian markets advanced, with the MSCI Asia ex-Japan index gaining 1.5%.



Stocks to watch: Maruti Suzuki, GAIL, Bharat Petroleum Corp, Godrej Consumer Products, Tata Motors



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