Options-Market Uncertainty Is Not Slowing India Hiring by High-Frequency Trading Firms

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 look set for a positive start, supported by firm trends across major Asian markets and a return of foreign investor interest in October after three months of outflows. Festive-season auto sales have been strong, and reports of robust bank credit growth are adding to the upbeat mood. Meanwhile, US equity futures were higher on Monday, hinting that the seven-month global rally could have steam left, buoyed by solid tech earnings and easing US–China trade tensions. Back home, the IPO buzz continues with the Studds Accessories issue hitting the market today, followed later by Billionbrains Garage Ventures Ltd., the parent of online investment platform Groww.