Foreigners Dump Indian Stocks Every Day this Month

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. Nifty futures point to a weak start this morning following losses in Asian markets. It doesn’t help that foreign investors are dumping local shares, presumably in favor of Chinese equities. The good news for bulls is crude oil prices remain subdued after falling sharply overnight.