Indian Rupee Becomes Second Worst Asian Currency This Quarter
This article is for subscribers only.
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. Correction warnings have been piling up, with stock valuations stretched and a seasonally weaker month. Traders also face a sea of red across Asian equities following a selloff in US tech overnight. It remains to be seen if dip buyers wade in to help the Nifty sign off with a ninth week of gains.