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. Nifty futures point to a cheerful start for local shares this morning, with upbeat trading across Asian markets lending some extra support. Investors will be watching Prime Minister Narendra Modi’s meeting with UK counterpart Keir Starmer, as well as the kickoff of the corporate earnings season, starting with Tata Consultancy Services’ second-quarter results later today. Meanwhile, talk of a potential AI bubble is growing louder after the UK’s central bank cautioned that lofty valuations in the sector could raise the risk of a sharp correction — a reminder to local investors that a little caution may be wise amid the optimism.