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. Asian stocks and Nifty futures are pointing to a muted start for India after this week’s global rally lost momentum amid the US Thanksgiving holiday. Local shares closed just shy of their previous all-time highs on Thursday, though risk appetite remains supported by optimism around potential US and domestic interest-rate cuts next month. Traders are now focused on the September-quarter GDP print due later today and the Reserve Bank of India’s rate decision on Dec. 5.