TCS Stock Set for Worst Performance Since 2008 After $43 Billion Wipeout

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 Ashutosh Joshi, an equities reporter in Mumbai. Indian equities seem primed for a firm start this morning, building on the momentum from Wednesday’s late rally. The supportive trend in regional markets is also a welcome sign. Infosys‘ latest earnings report has exceeded expectations for the third straight quarter, likely raising hopes the IT sector is turning around. Results from Nestle and Bajaj Finance later Thursday will be closely watched for clues about consumer sentiment.