Caution expected to prevail ahead of the expiry of monthly derivatives contracts on Thursday.
Individual stock movements will be watched given corporate earnings results. Among blue-chips posting earnings are Larsen & Toubro Ltd , Hindustan Unilever Ltd, and ICICI Bank.
Investors will also keenly watch the progress of monsoon.
KEY EVENTS/FACTORS TO WATCH
Mon: L&T, Bank of Baroda, HLL earnings
Tues: Markets closed for public holiday Bharti Airtel earnings
Wed: Bank of India earnings
Thurs: Expiry of monthly derivatives contracts
Earnings: Maruti Suzuki, ICICI Bank, Tata Motors shareholders meeting,
Infrastructure output data for June, Federal deficit data for Apr-June
Fri: India and China manufacturing PMI, Foreign investment promotion board meeting.