1187: Marketbuzz Podcast with Hormaz Fatakia: Sensex, Nifty 50 likely headed for a muted start, PSUs in focus

Indian benchmark indices, Sensex and Nifty 50, are likely headed for a muted opening in the trading session of February 6.  

In the previous session, Nifty 50 made an intraday high of around 21,960 and corrected almost 200 points from those levels. Public sector companies like SJVN, NHPC, oil marketing companies (OMCs) have also been on the radar and have corrected sharply.

Several stocks like Ashok Leyland and Suven Pharma are expected to react to Q3 results.\ Meanwhile, companies like Britannia, Nykaa, Nazara Tech and Lemon Tree among others will report their quarterly results. 

Globally, the handover from Wall Street is weak while Asian markets traded mixed in the morning. The GIFT Nifty is indicating a muted start for the domestic market

Tune in to the Marketbuzz Podcast for more cues