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Markets are likely to see a flat to negative start tracking weak Asian cues. Early indicator, SGX Nifty was down 21 points at 8,403.
With July-September earnings season almost over, investors are likely to focus on foreign fund flows.
In Asia, Japanese stocks skidded on Monday, helping the yen rebound from a fresh seven-year low against the dollar touched after news Japan unexpectedly fell into recession in the third quarter.
Meanwhile, Shanghai and Hong Kong opened around 1 percent higher but quickly erased gains on suspected profit-taking.
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3 percent.
In the US markets, stocks posted a fourth straight week of increases but ended Friday little changed as losses in healthcare shares offset gains in energy.
The Dow Jones industrial average fell 18 points, or 0.1 percent, to 17,635, the S&P 500 gained 0.49 points, or 0.02 percent, to 2,040 and the Nasdaq Composite added 8.40 points, or 0.18 percent, to 4,688.
Stocks to Watch
ONGC, Tata Motors, Reliance Communications, Punj Lloyd, Britannia Industries, JK Tyre & Industries, BEML, Suven Life, CARE Ratings are some of the tock that are likely to react to its Q2 numbers
SpiceJet: 40-odd SpiceJet pilots including commanders quit the airline and the auditors, in their recent report, have cast doubts over the ability of media baron Kalanithi Maran’s budget carrier to run as a “going concern".
L&T: Has finally agreed to change the Hyderabad metro rail alignment in three locations, something which the Telangana government had requested a few months ago
JSW Energy: Acquired two of Jaiprakash Power Ventures’ hydro power plants, with a combined capacity of 1,391 Mw, for Rs 9,700 crore
Tata Teleservices: Japanese telecom major NTT Docomo is looking at the option of moving an international court for arbitration to pressurise the Tatas to buy back its 26.5 per cent stake in the loss-making Tata Teleservices
