India's MSCI India Index Trails Emerging Market Peer In a Stark Reversal
Good morning, this is Chiranjivi Chakraborty, an equities reporter in Mumbai. Indian equities are set for another down day, weighed by both technical and fundamental factors — Nifty dropping below a key support level, lack of progress on US trade deal and mixed corporate earnings. Regional markets are also weak ahead of major tech earnings and the Federal Reserve 's policy outcome. Back home, key earnings announcements Tuesday include engineering major Larsen & Toubro, power producer NTPC and Asian Paints.
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