The Sensex and Nifty indices are heading for a weak start on Thursday after the US Fed delivered a 75 bps rate hike overnight and maintained its hawkish tone.
Markets in the US fell up to 3 per cent on Wednesday. Asian indices were also in red this morning led by losses in Hang Senf, which slipped over 2 per cent.
At 07:30 am, the SGX Nifty futures quoted at 18,010, indicating an opening loss of over 100 points on the Nifty index.
That said, here are some stocks to watch out in trade today:
Q2 earnings watch: HDFC, Hero