Sensex, Nifty likely to open in red tracking global cues, Maruti Suzuki results eyed -- 27 Oct 2015

The BSE Sensex and NSE Nifty are likely to open in red on Tuesday tracking SGX Nifty and rest of Asian markets.                       

                     

At 8.18 am (IST), SGX Nifty was down 28 points, or 0.34 per cent, at 8,240.50.

Asian share markets paused for breath on Tuesday after a four-week romp higher, as investors took cover ahead of central bank meetings in the United States and Japan later in the week.

Hang Seng, Nikkei and Shanghai were down 0.83 per cent, 0.67 per cent and 2.35 per cent at 22,924.70, 18,820.63 and 3,348.86.

On Wall Street, the Dow ended on Monday with a minor loss of 0.1 per cent, while the S&P 500 eased 0.2 per cent and the Nasdaq added 0.1 per cent.

Back home, Sensex and Nifty slid 0.40 per cent and 0.42 per cent at 27,361.96 and 8,260.55 on Monday.

IndiGo’s parent InterGlobe Aviation will also hit the capital markets on Tuesday to raise Rs 3,018 crore through its initial public offering. This will be the biggest initial public offer in nearly three years.

Companies like Dish TV, Vedanta, Lupin, Nucleus, TVS Motor, Thermax, Tata Communications, Ceat, Polymed, Axis Bank, Shasun Pharma, Maruti Suzuki, Navin fluro, Coromandel and KPR Mill may come out their earnings on Tuesday.

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