Apart from this, investors will also track key court proceedings today. Banking and financial counters could remain volatile as the Supreme Court is set to resume hearing in the Interest Waiver/Loan Moratorium case.
Tata Group and Shapoorji Pallonji Group stocks would also be in focus as the SC is expected to deliver its verdict in the Tata vs Mistry case later today.
Asian stocks came under pressure in early trade on Tuesday. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.13 per cent in early trade. Australia’s ASX 200 inched up 0.3 per cent while Japan’s Nikkei 225 fell 0.2 per cent. Hong Kong’s Hang Seng index futures were down 0.2 per cent.
On Wall Street, the Nasdaq rose 0.45 per cent while the Dow dropped half a per cent and the S&P 500 lost 0.2 per cent.
In commodities, oil prices fell around 1 per cent on Monday as surging coronavirus cases and heightened tensions between the United States and China undermined the positive impact from an OPEC+ deal on production.