No Festive Cheer For India’s Mid-Cap, Two-Wheeler Stocks Till Now

Oct 30, 2024
no-festive-cheer-for-india’s-mid-cap,-two-wheeler-stocks-till-now

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. Traders will continue to watch key technical levels on the Nifty index after Tuesday’s dramatic intra-day recovery. Nifty futures point to a lukewarm start this morning, and weakness in Asian markets may also weigh on sentiment. Volumes could be low with the Hindu festival of Diwali around the corner. There could be sharp reactions to earnings, with Larsen & Toubro and Tata Power among the key announcements today.

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