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 suggest a calm start to the week after Indian benchmarks wrapped up their second straight week of gains on Friday. All eyes will be on the US Federal Reserve’s policy meeting, with growing chatterBloomberg Terminal around a possible rate cut, while back home, markets will watch WPI data due later in the day. Telecom stocks could see some action following a local media report that India may look at capping the number of subscribers each satellite broadband system can serve.