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Bloomberg
10 hours ago
- Business
- Bloomberg
It's Raining Deals, But no Signs of Market Euphoria in India
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 stocks look set for another quiet session this Friday morning. It's the end of the week, and traders are ready to wrap things up. Across Asia, markets are trading in a narrow range as investors keep an eye on geopolitical tensions in the Middle East. A dip in oil prices and a slightly softer dollar could offer some support to the broader Indian market that's still on track for a modest weekly gain.


Bloomberg
13-06-2025
- Business
- Bloomberg
Share Sales, Block Trades Power India's Fat IPO Pipeline
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 equities are set for a weekly drop amid a major escalation of tensions in the Middle East, with crude oil-sensitive industries under particular pressure following the surge in oil prices. Asian equities are trading lower following renewed hostilities in the Middle East, further dampening the mood.


Bloomberg
10-06-2025
- Business
- Bloomberg
Marlboro Expansion Draws Indian Bulls to Godfrey Phillips
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 equities look set to extend their winning streak to the fifth day, with the Nifty futures pointing to a positive start. Technical analysts are likely feeling chuffed after the formation of a so-called golden cross for the benchmark index, which has in the past presaged gains. Asian stocks are also trading higher, buoyed by expectations about the US-China trade talks, and that's likely to support sentiment.


Bloomberg
05-06-2025
- Business
- Bloomberg
Bargain Hunters Scouring For Distressed Sectors May Eye India's Road Developers
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 stocks are positioned for a second day of gains, helped by a risk on tone in Asian markets and a sharp decline in volatility index back home. The prospects of ample rainfall could further boost sentiment, benefiting a host of sectors while helping ease inflationary pressures.