1142: Marketbuzz Podcast with Reema Tendulkar: Sensex, Nifty 50 to start in green, Mamaearth, TVS Motor in focus

Indian benchmark indices, Sensex and Nifty 50, are likely headed for a mildly positive start in the trading session of November 23, as indicated by the GIFT Nifty.



Asian shares were in morning trade with markets holding onto their gains for the week as confidence grows that interest rates globally will head lower next year, while oil prices fell on the prospects for smaller-than-expected output cuts by OPEC+.



Oil prices fell by more than 1% this morning, extending losses from the previous session, after OPEC+ postponed a ministerial meeting, leading to speculation that producers might cut output less than earlier anticipated. Brent futures were down $1.04, or 1.3%, at $80.92 a barrel.



Meanwhile, in the Indian market, Nifty 50 managed to recover 100 points from the day's low closer to 19,700. This morning, the GIFT Nifty suggests a start above 19,800.



Four new ipos opened up for subscription in the previous session



Stocks to track: Honasa Consumer, TVS Motors, Bajaj Auto, Infosys, IndiGo and more



Tune in to the Marketbuzz Podcast for more cues