Intensifying Competition in India’s Quick Commerce Sector Weighs on Swiggy

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. Local shares are set to open weak following a dramatic surge in hostilities at the border areas. The mood will remain cautious as traders react to news on the clashes as well as an underwhelming trade deal between the US and UK. Key earnings announcements today include ABB India, Bank of India, Dr Reddy’s Laboratories and Swiggy.