Indian Rupee Set for More Losses Amid Investment Shift to China
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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. Today we look at:
Good morning, this is Chiranjivi Chakraborty, an equities reporter in Mumbai. Indian stocks look set for a subdued start this morning, as traders return from Wednesday’s holiday amid escalating Middle East tensions. With foreign funds extending their selling streak for a third day on Tuesday, possibly driven by the monster rally in Chinese equities, there’s not much in the way of bullish catalysts to lift the mood.