Rising Interest Rates Raise New Risks for Small and Mid-Sized Indian Firms

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 stocks are looking to stretch their winning streak to six sessions, which would be the longest in over two months. Nifty futures are pointing to a positive start, despite looming concerns of US tariffs and rising bond yields. The stock benchmark’s close above the key 25,000 mark on Wednesday is no mean feat, but below-average trading volumes suggest that investors lack confidence. Bulls are winning for now, but they need a strong catalyst to get fence sitters to join the party.