Indian shares are expected to open lower on Tuesday after IMF cut India’s GDP growth forecast to below 5 percent. Cautious sentiment in global markets may also weigh on the Sensex and the Nifty50.
The SGX Nifty was also indicating a negative start for the domestic market. It was trading 20 points or 0.16 percent lower at 12,252.50 at around 6:49 am.
Investors will track Federal Bank, ICICI Securities and Bank of Maharashtra, which reported Q3FY20 earnings. NBCC, which bagged a Rs 720 crore contract, and NMDC, which announced price hikes, will also be in focus.
Here is a list of stock to watch out for in today’s trade: NBCC, Just Dial, NMDC, ICICI Securities amongst others.
About MarketBuzzThe CNBCTV18.com podcast on the big themes, vital news and key events that you should know before the opening bell, powered by CNBC-TV18 anchors.MarketBuzz is your daily morning briefing by CNBC-TV18 research analysts and anchors Sonia Shenoy, Ekta Batra, Anisha Jain, Nigel D’Souza and Mangalam Maloo to jumpstart your stock market investing. Subscribe to our free podcasts on Audioboom or listen on the featured podcast page on CNBCTV18.com.