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Nifty futures on the Nifty International Exchange traded 24.5 points, or 0.12 per cent, lower at 19,777.50, hinting at a negative start for the domestic market on Wednesday.
Stocks to watch: Shares of firms like Titan, IndiGo, BEML, Eicher Motors, TVS, Hero Motocorp, and others will be in focus on Wednesday's trade.
Q1 earnings today: Major companies like Adani Wilmar, Titan, Ambuja, Indigo, Aditya Birla Capital, Ambuja, Godrej, HPCL, and others are set to announce their June quarter earnings on Wednesday
Net profit for Q1 came at Rs 125.9 crore against Rs 141.3 crore in the March quarter of previous fiscal.
A short build-up was seen in 64 stocks, including Hero Motocorp, InterGlobe Aviation, DLF, Power Grid Corporation of India, and Maruti Suzuki India. An increase in OI along with a fall in price points to a build-up of short positions.