The benchmark indices are likely to start the new week on a sharply lower note as per trends indicated by the SGX Nifty futures, which were around 400 points lower on Monday morning as Brent Crude hit the $130/ barrel mark amid fears of severe supply shortage induced by US ban on Russian oil.
Meanwhile, here are the stocks to watch out for in trade today:
OMCs: Shares of oil companies will be on radar as brent crude has topped the $130 a barrel mark.
OMCs: Shares of oil companies will be on radar as brent crude has topped the $130 a barrel mark.
Infrastructure: Capital goods and Infra shares may see some action as the industry department