The key benchmark indices are likely to start trade with a significant gap down as stock prices react to a slew of domestic and global developments over the long trading break. As of 07:20 AM, the SGX Nifty April futures quoted at 17,285 as against the spot Nifty close of 17,475 on last Wednesday.
Earnings Watch: Mindtree, SE Power and Star Health Finance are among the nine companies scheduled to announce Q4 results on Monday.
HDFC Bank: The private sector banking major reported a 22.8 per cent YoY increase in net profit for the Jan-March quarter to Rs 10,055.18 crore,