5 days ago
Investors Cushion Indian Stock Market With $4.9 Billion Record Inflows
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. Stocks look set to build on Monday's gains, tracking gains across Asia after US President Donald Trump extended the tariff truce with China by 90 days. There's some hope that early signs of a rebound in India's corporate profits and sustained retail flows through mutual funds might keep the mood upbeat. On the institutional side, FPIs seem be trimming short positions even as the broader market still feels directionless. Key earnings to watch today: Oil & Natural Gas Corp. and Hindalco Industries Ltd.
