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 Savio Shetty, an equities reporter in Mumbai. There’s little to suggest any major moves for Indian equities just yet, with regional markets staying rather quiet. Soft US economic data and uncertainty around the Federal Reserve’s next steps have global investors playing it safe — and India’s markets could feel some of that caution too. On the brighter side, the primary market remains in high spirits after the robust response to Lenskart’s $821 million IPO amid valuation worries, while Groww’s $747 million issue opens for bidding today. Meanwhile, the earnings season keeps rolling, with heavyweights like State Bank of India, Adani Enterprises, and Mahindra & Mahindra set to report their numbers.