Concerns about world economic growth following weak economic data from both US and Europe are likely to weigh on investor sentiment on Friday. Back home, stock-specific action, crude oil prices and movement of rupee against the US dollar will also play a key role.
At 08:20 am, Nifty futures on the Singapore Exchange (SGX) were trading 19 points or 0.18 per cent lower at 10,794.50, indicating a tepid start for the domestic stocks.
Here's a look at the top stocks that may remain in focus today -
ONGC, Oil India: The government has asked state-owned Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) to sell out 66 of their small oil and gas fields to private firms as it brought in a new policy to boost domestic production and cut imports.
Dr Reddy's: The drug firm is recalling 2,770 bags (277 selling units) of epilepsy drug Levetiracetam Sodium Chloride injection in the US market, on account of a labelling error, said a PTI report.
Adani Group stocks: The Adani Group has made a formal offer to buy out 23.5 per cent held by two South African firms in Mumbai airport, according to a report by The Economic Times.
Reliance Capital, Reliance Nippon Life: Reliance Capital has invited Nippon Life to buy 43 per cent stake in its Rs 24-trillion domestic mutual fund (MF) industry.
Jet Airways: According to news reports, public sector banks State Bank of India (SBI) and Punjab National Bank (PNB) have agreed to provide Rs 500 crore emergency funding for the company. Moreover, international lessors have grounded more Jet Airways planes as they doubt the company's rescue plan.