MarketBuzz Podcast With Reema Tendulkar: Sensex, Nifty likely to make gap-down start; US CPI spooks global markets

Indian equity benchmarks are likely to make a gap-down opening on Friday, amid weakness across global markets following worse-than-expected US inflation data. At 8:42 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty index -- were down 176 points or one percent at 17,430.