The weather of course is as cool as one may have experienced. The market has nothing really to warm up to immediately except the results which will start pouring in later this week.
The outlook is a flat opening with a narrow range movement anticipated. Asian stocks are moving in and out of positive territory. The Nikkei is slightly lower. Hang Seng is marginally higher. Samsung Electronics Co. and LG Display Co. fell in Seoul after being fined by China for price fixing. The US market had closed in the green on Friday.
Finance Minister P. Chidambaram will hold pre-Budget talks with heads of banks and other important financial institutions besides a separate meeting with economists.
Some stocks in focus would be Firstsource Solutions on account of an open offer. Indraprastha Gas will be another stock to watch out for as the Delhi Government has hiked compressed natural gas (CNG) price.