Asian shares were in a defensive mode on Tuesday after Wall Street fell overnight, though still-vague hopes of a new stimulus plan in China could improve investor sentiment.
US stocks fell on Monday, with some of the market's recent best performers like technology and biotech shares leading the way down. Concerns that the crisis in Ukraine could escalate gave investors a reason to drop some of the market's biggest trading favourites.
KEY EVENTS/FACTORS TO WATCH
India Supreme Court scheduled to hear Sahara vs SEBI case at 2:00 PM.
India's supreme court will also hear petitions against the gas pricing formula approved by a cabinet panel in June last year that allowed a steep increase in gas prices from $4.2 a unit from this April.
Sistema Shyam TeleServices, majority owned by Russian conglomerate Sistema, holds a presser at 11:30 am to talk about company's plans.
INDIAN STOCKS TO WATCH
Indian election panel seeks deferment of gas price hike Read story
Jaiprakash to sell stake in cement unit Read story
Oil & Natural Gas Corpn to invest $406 mn in Arabian sea oil field
Financial Technologies to sell stake in IEX for 728.9 mn rupees
Tata Steel's 25-acre land parcel fetches 11.55 bn rupees
Mahindra, Honda, Tata looking to hike car prices next month
Japan's Chubu in deal with India's GAIL to consider joint LNG buy
Arvind Ltd says joins JV with PVH Corp for Calvin Klein ops in India Read story
Live: BSE Sensex