Indian Software Exporters Remain Worst Performers on Weak Earnings

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 are likely to open with modest gains, buoyed by Wall Street’s overnight rally and positive trends in regional markets. That said, activity may remain subdued due to the sluggish start to the earnings season and the uncertainty surrounding the US trade deal. State Bank of India‘s large fundraising effort and weekly expiry of options will remain in focus. Also later today, Axis Bank‘s earnings report will be closely watched, shifting the spotlight to the banking sector.