India's Volatility Index Dips on Easing Tariff Concerns, Rate Cut Hopes

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 traders are set to start the day on the backfoot following the selloff on Wall Street and a choppy trend in regional markets. Till India’s trade deal with the US is sealed, big moves could likely be limited to companies announcing quarterly numbers. Tech Mahindra’s results later in the day will be closely watched after underwhelming numbers from TCS and HCL Technologies have further soured the outlook for the IT sector.