The Sensex and Nifty indices are looking to open in the red on Wednesday amid weak global cues. At 07:30 am, the SGX Nifty quoted at 16,880, indicating an opening loss of around 100 points on the Nifty index.
Globally, all Asian indices treaded lower this morning, while US markets remained weak overnight.
That said, here are some stocks to watch out for in trade today:
Torrent Pharmaceuticals: Ahmedabad-headquartered company has signed a definitive agreement to acquire cosmetic dermatology player Curatio Healthcare for Rs 2,000 crore. Curatio has operations in India, Nepal, Srilanka and the Philippines. The deal catapults Torrent