Markets are likely to open marginally in green following weak global cues.
Asian markets remain subdued as major currencies kept to recent snug ranges after a surprisingly soft reading on euro zone manufacturing took the shine off better data from China, Japan and the United States.
Stocks to Watch:
Also Read
Central transmission utility Power Grid Corporation approved investments of Rs 5,500 crore for upgrading networks in about 4 years.
Banking stocks are likely to remain in focus as RBI fixed schedules for various regulatory approvals, including grant of private bank licences.
Ceat is likely to extend its gains after the overseas investor has bought equity shares worth of Rs 13 crore of the company though open market.
Shares of country's biggest cigarette manufacturer ITC Ltd are likely to extend its losses on reports that the government may raise taxes on cigarettes aggressively in the upcoming budget in July.
Engineering major Larsen & Toubro (L&T) may surge after Canada Pension Plan Investment Board (CPPIB) agreed to invest over Rs. 2,000 crore in its infrastructure arm - L&T Infrastructure Development Projects (L&T IDPL), a step that will aid the company complete its ongoing projects.