Indian Central Bank's Jumbo Rate Cut Could Supercharge IPO Pipeline

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. Nifty futures indicate a positive start, fueled by the buzz from Friday’s blockbuster monetary policy announcement. Asian equities are trading higher on renewed optimism about US-China trade talks, which could further boost market sentiment. In the local bond market, attention will focus on short-term yields, where the rally is expected to continue.