Nifty futures on Singapore Exchange traded 106 points lower at 15,748, indicating a gap-down start for the benchmark indices on Monday.
Here are the top stocks to track in today's session:
Results Today: Axis Bank, DLF, L&T, SBI Life, Tata Motors, and Vedanta are among the 43 companies slated to report their Q1 results today.
Due to a disrupted April-June quarter (Q1FY22) amid the second wave of Covid-19, analysts expect L&T’s net profit to decline up to 60 per cent sequentially. Besides, Q1FY22 also saw a further rise in commodity prices, leading to further aggravation of pressure on gross margins. READ