Indian IT Stocks Hope to Catch a Break After Longest Losing Streak Since February

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 are set for a positive open this morning after six straight days of losses, supported by gains in Asian markets and US equity futures. The relief rally may also spill over into the bond market, with long-tenor notes likely to benefit from the government's decision to cut supply at that end of the yield curve. That said, bond traders' main focus this week will be the RBI's interest rate decision, due Wednesday. Investors are also hoping President Donald Trump refrains from any further surprises after recent jolts to the IT and pharma sectors