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 shares look set for another soft start this morning, even as most Asian markets track Wall Street’s gains on hopes the Fed might cut rates next week. Back home, the big focus is on tomorrow’s RBI policy decision — and on what the Governor has to say about the rupee after it slipped past the key 90-per-dollar level on Wednesday. Tata Consultancy Services will also be in the spotlight after reports that OpenAI is in advanced talks with the company to help build out AI infrastructure, a headline that could stir up some excitement in tech stocks. IndiGo stock is likely to be in the spotlight, following news of flight cancellations as the carrier grapples with a pilot shortage and tech issues. Meanwhile, Russian President Vladimir Putin begins his state visit to India today, keeping geopolitics on investors’ radar.