Consumer and Personal Tax Cuts May Lure Global Funds Back to India

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. Global markets are buzzing with excitement over potential Fed rate cuts, and Indian equities are hinting at a bright start. However, Nifty might not get a significant boost just yet. Despite a promising start, the benchmark index failed to hold a crucial technical level on Thursday, leaving traders wondering if the market can regain its momentum. Consumer-facing stocks could remain in focus, as investors favor sectors which offer some stability amid tariff woes.