Global Funds Return But Largest India-Focused ETF in US Continues to See Outflows

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 likely to start the day flat, mirroring the dull city skies, with Nifty futures indicating a muted opening. This follows President Trump’s announcement of unilateral tariff rates within two weeks, which has weakened Asian shares. Consumer price inflation data due later today is expected to moderate further, but may not be of much cheer to bulls with more rate cuts unlikely near term.