The October trends of the past are thankfully not playing out so far with world markets continuing their happy run. US indices posted another record high while Asian markets are also flirting at elevated levels. The U.S. military flew two Air Force B-1B Lancer bombers over the Korean Peninsula in a show of force late on Tuesday. Back home, the Economic Advisory Council has said India must stick to its fiscal goal.
It has identified 10 priority areas for accelerating economic growth and employment over the next six months. The outlook is a positive start. TCS will announce its results after market hours. Industrial output numbers and consumer price inflation data are expected later in the day. Reliance Nippon Life will unveil its IPO plans today.
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