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. Indian equities are cruising toward a third straight week of gains this Friday morning, with Nifty futures firmly in the green. Traders have their eyes on the 25,640 mark on the index — a breakout above this level could open the gates to fresh all-time highs. Adding to the buzz, Adani group stocks are set to grab attention after the market regulator gave the conglomerate and its billionaire founder Gautam Adani a clean chit on certain allegations raised by Hindenburg Research back in 2023. The development is likely to give market sentiment an extra zing.