Indian Stocks Remain Asia Top Performers Despite Global Market Slump

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. Nifty futures point to a strong opening thanks to dovish remarks from Bank of Japan and strong gains overnight on Wall Street, which have sparked risk-on moves in Asian equities. Although global markets have regained some stability, the India VIX, or ‘fear gauge’, remains elevated, signaling that domestic shares may face hurdles on the path to full recovery after the wild start to the week.