Indian Banks Seize Bullish Mood for Fundraising Push
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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 equities may take a leg down today as traders book profits ahead of tomorrow’s holiday and concerns over rising India-Pakistan tensions. This would be a welcome breather after a sharp two-week rally fueled by global fund inflows. That said, investors will react to the earnings surprise from Trent and the bonus share issue and stock split from Bajaj Finance.