 "Pre-market: Five stocks to watch out in trade today")
Markets are likely to open lower tracking weakness in their select Asian peers and the overnight losses in the US markets.
Meanwhile, the release of minutes of US Federal Reserve's most recent meeting failed to provide any indication regarding hike in interest rates though markets experts estimate the hike to be earlier and steeper than expected.
At 8:30AM, the early indicator SGX Nifty was up 11 points at 8,467.50.
Meanwhile, foreign institutional investors were net buyers in Indian equities worth Rs 71.80 crore on Wednesday, as per provisional stock exchange data.
Global Markets
Boosted by further weakening of the yen, Japanese shares are able to hold steady. Nikkei is trading flat with a positive bias.
Meanwhile, concerns about China's economic growth brought in focus by the fall in HSBC/Markit manufacturing purchasing managers' index (PMI) to a six-month low of 50 in November from 50.4 in October have dragged Chinese shares. Hang Seng is marginally high by 0.1% while Shanghai Composite index is trading flat.
U.S. stocks edged lower on Wednesday as minutes from the most recent Federal Reserve meeting gave investors few new clues as to when U.S. interest rates may rise. The S&P 500 snapped a four-day run of gains and a two-day streak of record closing highs.
The Dow Jones industrial average ended flat , the S&P 500 lost 0.1% and the Nasdaq Composite dropped 0.5%.
Stocks to watch
Infosys will be in focus on news that it has seen overseas investors raising their stake in the company to a nine and half-year high of nearly 42.67% during the quarter ended September 2014.
NTPC will be in focus as apart from implementing two super thermal power plants in Odisha, it has now decided to commit investments in solar energy sector in the state.
Mahindra & Mahindra may witness fresh buying as Mahindra Group will now be able to sell its Australia-made airplanes in India, with the Civil Aviation Ministry approving its long-pending proposal after amending relevant rules.
Alok Industries will be in focus as it is considering raising Rs 2,000 crore in the next two years by selling its Store 21, and well as land in Mumbai, Vapi and Silvassa.
Further, six new stocks- Amtek Auto, Bosch, Engineers India, Indiabulls Housing Finance, Strides Arcolab and Wockhardt-will be included in F&O from 28th November which can lead to fresh buying in these stocks.
(with Reuters input)
Meanwhile, the release of minutes of US Federal Reserve's most recent meeting failed to provide any indication regarding hike in interest rates though markets experts estimate the hike to be earlier and steeper than expected.
At 8:30AM, the early indicator SGX Nifty was up 11 points at 8,467.50.
More From This Section
The board of Securities and Exchange Board of India (Sebi) on Wednesday cleared big-bang market reforms, including a move to replace the two-decade-old insider-trading rules with the new prohibition of insider trading (PIT) regulations, and amending the existing delisting regulations.
Meanwhile, foreign institutional investors were net buyers in Indian equities worth Rs 71.80 crore on Wednesday, as per provisional stock exchange data.
Global Markets
Boosted by further weakening of the yen, Japanese shares are able to hold steady. Nikkei is trading flat with a positive bias.
Meanwhile, concerns about China's economic growth brought in focus by the fall in HSBC/Markit manufacturing purchasing managers' index (PMI) to a six-month low of 50 in November from 50.4 in October have dragged Chinese shares. Hang Seng is marginally high by 0.1% while Shanghai Composite index is trading flat.
U.S. stocks edged lower on Wednesday as minutes from the most recent Federal Reserve meeting gave investors few new clues as to when U.S. interest rates may rise. The S&P 500 snapped a four-day run of gains and a two-day streak of record closing highs.
The Dow Jones industrial average ended flat , the S&P 500 lost 0.1% and the Nasdaq Composite dropped 0.5%.
Stocks to watch
Infosys will be in focus on news that it has seen overseas investors raising their stake in the company to a nine and half-year high of nearly 42.67% during the quarter ended September 2014.
NTPC will be in focus as apart from implementing two super thermal power plants in Odisha, it has now decided to commit investments in solar energy sector in the state.
Mahindra & Mahindra may witness fresh buying as Mahindra Group will now be able to sell its Australia-made airplanes in India, with the Civil Aviation Ministry approving its long-pending proposal after amending relevant rules.
Alok Industries will be in focus as it is considering raising Rs 2,000 crore in the next two years by selling its Store 21, and well as land in Mumbai, Vapi and Silvassa.
Further, six new stocks- Amtek Auto, Bosch, Engineers India, Indiabulls Housing Finance, Strides Arcolab and Wockhardt-will be included in F&O from 28th November which can lead to fresh buying in these stocks.
(with Reuters input)