Morning Views | HDFCSec Retail Research
Indian markets are likely to open flat to slightly higher, mirroring positive trends in Asia and the U.S. U.S. stocks gained, driven by technology, with the trade deficit dropping over 10% in August.
New Zealand cut its policy rate by 50 basis points; the RBI is expected to hold its rate at 6.5%. There’s an 88% chance of a Fed rate cut in November.
FTSE Russell will include India’s sovereign bonds in its Emerging Markets Government Bond Index starting September 2025, potentially attracting significant investments.
Mainland China stocks fell, while Nifty ended a six-day losing streak, rising 0.88%. Key levels: resistance at 25,182-25,230 and support at 24,697-24,753.