Indian markets are poised to react to foreign fund activity, developments in the India-US trade deal, and the rupee-dollar exchange rate following Moody’s US credit rating downgrade. Investors will also be watching quarterly earnings from major companies like ONGC and ITC. Strong participation from both FIIs and DIIs, coupled with global risk appetite, has fueled the recent market rally. Indian markets are poised to react to foreign fund activity, developments in the India-US trade deal, and the rupee-dollar exchange rate following Moody’s US credit rating downgrade. Investors will also be watching quarterly earnings from major companies like ONGC and ITC. Strong participation from both FIIs and DIIs, coupled with global risk appetite, has fueled the recent market rally.
