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 Chiranjivi Chakraborty, an equities reporter in Mumbai. Stock bulls will look to close the holiday-shortened week on a high, hoping that the benchmark NSE Nifty 50 Index finds support from Friday’s advance in Asian stocks as well as from earnings reportsBloomberg Terminal by Dr Reddy’s Laboratories and SBI Life Insurance. Trade tensions remain a key focus for markets, with senior executives at Indian refiners warning that flows of Russian oil will likely fall to near zero following US sanctions on crude giants Rosneft PJSC and Lukoil PJSC. Meanwhile, India said its own trade talks with the US are progressingBloomberg Terminal well.