Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
Good morning, this is Alex Gabriel Simon, an equities reporter in Mumbai. Will Indian equities extend their losing streak to a fifth straight session, or stage a rebound? Nifty futures are pointing to a weak start, after Wall Street’s AI-fueled rally lost steam overnight. Market sentiment remains shaky, though there’s cautious optimism that the worst of the foreign fund outflows may be behind us. Meanwhile, it’s a busy day for primary market investors: brokerage Anand Rathi’s share sale closes today, and all eyes are on the subscription numbers to gauge whether the buzz from Urban Company’s blockbuster debut still has momentum.