India’s small, mid-cap stocks continue to draw investor interest

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. After a week of being on edge, stock bulls are betting on a rebound following the India-Pakistan ceasefire. Nifty futures have already rallied nearly 2%. Positive regional sentiment, fueled by progress in China-US trade talks, may further boost sentiment. However, pharma stocks may fall on President Trump’s plans to lower drug prices. Earnings season continues with Tata Steel due to report today.