Indian markets may start the week on a muted note following mixed cues seen in Asian markets. The SGX Nifty indicates Nifty may open around the level of 10,312, lower by 12 points. On the earnings front, big names like Asian Paints, Hindustan Zinc, Jubilant Life Sciences, Kansai Nerolac Paints, Oberoi Realty, will release their results today.  

The correction may extend up to the level of 10,350, which is 61.8 per cent retracement of its recent rise. Stocks in news: Yes Bank, SBI, Central Bank of India, Inox Leisure and Reliance Industries.

Indian markets are likely to open lower on the back of pessimistic sentiments prevailing across Asian markets and as the US markets closed deep in the red overnight. Also, traders will prefer to remain light, ahead of the week-end. The IT stocks could be in focus today as some reports suggested that the Trump administration plans major changes in H1-B visa rules. The SGX Nifty indicates Nifty may open around the level of 10,332, down by 49 points.

We expect the index to extend its pullback and the level of 10,650 is likely to act as an immediate resistance level, followed by 10,700.  Stocks in news: Federal Mogul Goetze (India), NHPC, L&T Technology Services, Aban Offshore, IIFL Holdings, Cochin Shipyard and Lemon Tree Hotel.

The Indian stock markets are set to witness a gap-up opening of over one per cent on Wednesday on the back of positive cues from Asian peers and strong close on the Wall Street overnight. The SGX Nifty is trading above 10,700 mark and indicates that Nifty could open higher by 117 points. 

We expect the index to continue with its pullback up to the level of 10,560 as it is the 38.2 per cent retracement level of the recent down-move. Stocks in news: NTPC, Globus Spirits, IFCI, TV Today Network and OCL India.

Indian markets are likely to be begin on a lacklustre note and may move ahead based on how the US-Saudi Arabia standoff pans out during the day. The SGX Nifty is trading with a marginal gain of 13 points at 10,532. Among Nifty 50 stocks, Hero Motocorp and Infosys are set to declare their results today.   

The levels of 10,360, followed by 10,320, are likely to act as support levels. Stocks in news: 8K Miles Software Services, Saregama India, United Breweries, Info Edge, National Aluminium and PVR.

The markets in India are expected to begin the truncated week on a cautious note as Asian markets are majorly trading in the negative terrain. The SGX Nifty is trading down by 4 points at 10,475. Among Nifty 50 stocks, IndusInd Bank and Indiabulls Housing Finance will announce their quarterly earnings today.

Looking at the global scenario, we are looking at a big gap-down opening in the index, and in that case, the recent swing low of 10,198 would be a crucial level to watch out for the index. Stocks in news: PTC India, Dilip Buildcon, Oil India, ITI, Soril Infra Resources, GE Power India, Indiabulls Integrated Services.