Stocks to Watch: HAL, L&T, Allcargo Logistics, Zee Ent, Power Grid, NBCC

Stocks to Watch: Zee Entertainment has entered a settlement agreement with operational creditor Indian Performing Rights Society to settle all claims and disputes

Equity benchmark indices may open with losses on Wednesday. As indicated by the SGX Nifty, which was quoting at 17,722 levels, the Nifty index may open around 100 points lower. 

Globally, Wall Street underperformed overnight after the US Fed Chief said he anticipates interest rates to be higher than previously predicted. Dow Jones, the S&P 500, and NASDAQ Composite declined up to 1.7 per cent.

Asia-Pacific markets, meanwhile, were mixed this morning. While Kospi, the S&P 200, Hang Seng, Shanghai Composite indices dropped up to 1 per cent; Nikkei 225, Topix, and Kosdaq indices added up to 0.2 per cent.