Indian Stock Markets’ Rock Bottom Could Be Some Way Off

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 day of gains, boosted by a rally in regional markets and on Wall Street overnight. The dollar’s weakness and cooling of bond yields are are adding to the upbeat mood. The focus will be on Bajaj Finserv after Allianz SA agreed to sell its 26% stake to the Bajaj Group.