(Bloomberg) – Before the trading day begins, we bring you a digestion of the most important news and events that are likely to move markets. Today we look at: Good morning, this is Savio Shetty, a reporter for shares in Mumbai. All eyes are on the Reserve Bank of India today, with chatter divided over the rates or rates will move or remain. However, stock traders clearly hope for a cut after the benchmark index wrapped its rough quarter of 2025, which was covered by an eighth straight loss on Tuesday. Nevertheless, hedging costs on the bank are still below the one -year average, suggesting that investors are not too much about the policy -driven volatility. That little calm can only be the relief the market needs. Metals shine as a secure game with local stocks with a global tariff concern and technology-related counter-wind, and investors turn to metals for diversification and resilience. China’s output cuts sharpened the offer, which boosted the NSE Nifty Metal Index in 2025 by 16%, with names such as Tata Steel, Hindalco and JSW Steel who have a boom in an open interest in their equity futures. Brokers such as Nomura and Morgan Stanley remain bullish, although risks are linked to global trade and energy costs. It is a lack of drama investors looking for catalysts, who find software firms in the upcoming results season short on Spark. ICICI Securities Notes Turnover growth can be a modest 0.5-1.5% in constant currency for top firms, while visa costs, wage increases and competition from global capacity centers remain on the watch. Valuations offer some ease after the recent route Nifty IT measure at a 10% premium to the Nifty 50, compared to an average of five years of 17%. Concerns about rates and higher H-1B fees hang, but no big surprises are seen in these earnings. It’s raining IPOs in Mumbai, it’s not just the rain-the first time the sales of India’s financial center flooded. October could set up a record with more than $ 5 billion in fundraising, as investors’ appetite remains strong. Billion dollar transactions from Tata Capital and LG Electronics Inc. ‘s local army headline The Calendar, which increases the confidence that the country’s $ 5 billion stock market could take up a wave of new offer. Even such poor company earnings and the US tariff are the cloud sentiment in Asia, and the country’s primary market remains a magnet for world capital. Analysts: Three wonderful lectures by Bloomberg today: and finally .. there is no lack of statistics to celebrate the inertia of Indian shares last month. The Nifty signed off on September, but few chased MSCI Asia for the fifth consecutive month. The underperformance in the September quarter was the steepest since 2008. Foreign outflow, which acted after last year’s market peak, has now reached 2022 levels on a bass, according to Bloomberg-composed data. -With help from Kartik Goyal, Rajesh Mascarenhas and Ashutosh Joshi. More stories like these are available on Bloomberg.com © 2025 Bloomberg LP
Indian investors hedge with metals and look at the central banks’ judging decision
