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:

Indian Prime Minister Narendra Modi's party and its allies were set to return to power in the nation's richest state, television channels reported on Saturday, a boost for the Hindu-nationalist leader after a disappointing general election.

Behind talk of “vote jihad”, “Ek hain toh safe hain” were learnings from narrow defeats in constituencies like Dhule and Malkapur in the general elections

In Assam, the BJP won three seats, while in Rajasthan, the BJP secured five out of seven assembly constituencies.