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 Ashutosh Joshi, an equities reporter in Mumbai. The Federal Reserve’s overnight rate cut is set to put some oomph in local stocks this morning, with some traders already betting that the RBI might follow suit at its meeting next month. Fresh off its blockbuster trading debut, rent-a-service firm Urban Co. is likely stay in the spotlight, while tech major Infosys could grab some buzz after its US-listed depository receipts surged. Investors will also be keeping their fingers crossed for some real progress on the trade talks.