Indian Foreign Inflows Set To Increase Post-Fed Cut

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 Alex Gabriel Simon, an equities reporter in Mumbai, where it’s all bright and sunny this morning. That’s a fitting backdrop for Indian stocks, which are set to follow global peers higher after the Fed’s decision to go big with its first rate cut in more than four years. There’s hope the start of the US easing cycle will spur global funds to increase their allocation to local shares, juicing India’s booming stock market.