India Shares Resume Trading With Oil, Gold and Silver In Focus

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. Commodities are a big focus as Indian shares resume trading after a break. US sanctions on Russia’s biggest oil producers have created a cautious backdrop, with Asian stocks and Nifty futures moving lower. Oil prices have jumped following the move by Trump, who is also seeking to squeeze Russia’s key crude buyers — India and China. Plus, Indian investors will have their chance to react to the sharp selloff in gold and silver prices that brought an abrupt halt to a record-breaking surge in the two precious metals. Meanwhile, hopes of progress in trade talks with the US could bring cheer for record-boundBloomberg Terminal Indian stocks. Investors will also parse earningsBloomberg Terminal from Hindustan Unilever and Colgate-Palmolive for cues on local consumption trends.