Stocks to watch: A gap-down open is on cards for domestic equity markets amid weak global cues and rising crude oil prices. At 7:20 am, SGX Nifty quoted at 17,036 levels, down over 250 points.
Globally, the US equity futures were subdued on Monday morning as strong jobs data re-ignited fears of tighter monetary policy. Dow Jones Futures, S&P 500 Futures, and NASDAQ Futures slipped up to 0.3 per cent each.
Asia-Pacific markets, too, followed suit to trade weak on Monday. Key indices like Hang Seng, Shanghai Composite, and S&P 200 indices fell up to 2 per cent.
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