Crowded US Trade Offers Hope For Foreign Flows to India

(Bloomberg) — 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 Alex Gabriel Simon, an equities reporter in Mumbai. Nifty futures point to a flat start with Asia trading flat to lower this morning. After sharp swings over the last month, it appears to be a stalemate as the market lacks triggers for a decisive move on either side. Sentiment for small and mid cap shares remains upbeat despite the holiday mood weighing on trading volumes.