Domestic equity indices look set to see a gap-down start, tracking weakness across Asian markets amid concerns over rising cases of Covid’s Delta variant. All eyes will be on the listing of GR Infra and Clean Science. Investors may also react to HDFC Bank s Q1 results and await quarterly earnings from HCL Tech and ACC, scheduled for today. Here s breaking down the pre-market actions:
STATE OF THE MARKETS
Nifty futures on Singapore Exchange traded 238 points, or 1.49 per cent, lower at 15,698.50, signaling that Dalal Street was headed for a negative start on Monday.
Tech View: Nifty50 on Friday hit an all-time high of 15,962 but settled flat. Analysts took heart in the fact that the index managed to stay above the 15,900 level.