Daily Market Digest Highlights Key Events Impacting Stock Trading
AI-Generated Summary
This market digest highlights positive trends in Asian markets and anticipates earnings reports from major companies, signaling a potentially volatile trading day.
Before the trading day starts, we bring you a digest of the key news and events that are likely to move markets.
Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. Nifty futures point to a positive start this morning, building on Wednesday's rally.
Asian markets are also trading slightly higher as investors weighed up the Federal Reserve's interest rate pause and a round of earnings from US technology giants.
Ahead of the February 1 budget, hedging costs have surged, signaling heightened volatility.
Larsen & Toubro and Adani Enterprises are due to report results today.
