Pre-Market: Gap down opening seen

HUL, Wipro, OMCs to be in focus

Here is a list of things that will impact the sentiment today. Also check out the stocks that you need to keep a tab on.


The markets are likely to sway to the weak global cues besides the June quarter results of Wipro to be announced today. Stock specific action will also be visible, as the markets will react to the results of Hindustan Unilever, which were announced post market hours on Monday.

World equity markets sold off and the euro set new two-year lows against the dollar on Monday. US stocks fell 1 per cent, while most equity markets in Europe ended lower by over 2 per cent.

In Asia, the Nikkei 225 index and the KOSPI traded 0.4 per cent and 0.2 per cent lower in early trades.

Back home, bears seem to have the momentum on their side, but the Nifty is now close a multiple support area around 5,090 – 5,100, technical analysts suggest. At 705 am Indian Standard Time, the SGX Nifty was trading flat at 5,115.

Stocks to watch

Among individual stocks, watch out for Hindustan Unilever as the stock will react to the 111 per cent year-on-year rise in its June quarter net profit.

Jubilant Life Sciences, Idea Cellular, Asian Paints, Larsen and Toubro and Dabur India are some of the other stocks that will react to their respective June quarter numbers.

Oil marketing companies will be in focus on reports that they have hikes petrol prices by 70 paise a litre.

Orchid Chemicals could also be in the limelight on reports that the promoters have hiked their stake in the company.

Sterling Holidays could also be in focus today on reports that ace investor, Rakesh Jhunjhunwala, has picked up a stake in the company by converting his warrants to equity.