India’s Earnings Season Not Mumbai Rains To Dampen Spirits For Nifty 50 Firms
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Before the trading day starts we bring you a digest of the key news and events that are likely to move markets.
Good morning, this is Ashutosh, an equities reporter in Mumbai, where heavy rain isn’t dampening spirits. Nifty futures signal a tepid opening today, as the market takes a breather after a five-week winning streak. It will be a busy week ahead, with IT majors like TCS and HCL Tech kicking off the results season in earnest on July 11. All eyes are on the budget on July 23, with hopes running high for pro-growth policies to sustain the bullish momentum.