Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Indian stocks to watch: ONGC, Tata Steel, Jaiprakash

Mar 25 2014, 20:49 IST
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The newsmaker stocks to watch on Tuesday include ONGC, Tata Steel, Jaiprakash. (AP) The newsmaker stocks to watch on Tuesday include ONGC, Tata Steel, Jaiprakash. (AP)
SummaryThe newsmaker stocks to watch on Tuesday include ONGC, Tata Steel, Jaiprakash.

NSE Nifty futures traded on the Singapore Exchange are down 0.1 percent, while the MSCI-Asia Pacific excluding Japan index falls 0.12 percent.

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

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