BSE Sensex consolidated in last session and ended with loss of around a quarter percent. Today, the start is likely to be cautious and the consolidation mood may extend lacking any major cues. However, traders will be getting some support with RBI Governor Raghuram Rajan\u2019s statement that capital investments are picking up but a stronger growth would require more reforms and clearing bottlenecks for stalled projects. Inflation wary investors too will be getting some respite with government stating that it will not allow prices of essential food items to increase due to the impact of possible deficient monsoon this year. Some buzz will be seen in the infra stocks with Prime Minister Narendra Modi\u00a0while reviewing the progress of highway construction in the North-East, asked officials to ensure good connectivity between the new road projects and nearby airports. Some cheers can be seen on PSU oil marketing companies, with CEA Arvind Subramanian stating that sales of subsidised LPG cylinders under the Direct Benefit Transfer scheme (DBT) have come down by about 25 percent. Asian stocks fell on Friday as China's stocks plunged and growing caution before Greece's weekend referendum prompted investors to cut risky bets, while disappointing U.S. employment data weighed on the dollar. In early trade, stocks in Shanghai slumped more than 6 percent, taking total losses to nearly 30 percent since a peak on June 12. The rout in China's stock markets has wiped out trillions of dollars of market capitalization in Shanghai and Shenzhen's stock markets. MSCI's broadest index of Asia-Pacific shares outside Japan fell more than 1 percent in early trading while Japan's Nikkei stock index slipped 0.4 percent, positioning it to shed more than 1 percent for the week. "Some of the stocks which have seen bubbly valuations in China have been the hardest hit in this selloff, and risk sentiment is broadly under pressure ahead of the weekend referendum," said the head of equities trading at a European fund in Hong Kong. China's tech-heavy ChiNext index which had more than doubled to be the world's hottest stock market, is down nearly 40 percent from this year's highs. With U.S. markets closed on Friday in observance of Independence Day, market watchers will have plenty of time to mull the weak overnight employment data and its implications for monetary policymaking. Employers hired 223,000 workers last month, fewer than the 230,000 increase forecast by economists polled by Reuters. The government also downgraded its reading on April and May job growth.