BSE Sensex down 33 points,auto shares major losers,Tata Motors,Hero shares eyed

Stocks of auto,realty,banking,IT,tech and FMCG sectors declined due to profit-booking.

Similarly,the wide-based National Stock Exchange (NSE) Nifty fell by 13.30 points,or 0.23 per cent,to 5,691.10.

Brokers said selling by funds amid weakening trend on other Asian bourses mainly influenced the trading sentiment.

In the Asian region,Japan’s Nikkei Index was down 1.13 per cent,while Hong Kong’s Hang Seng index slightly up 0.12 per cent in early trade.

India stocks to watch

(Reuters): GLOBAL MARKETS ROUNDUP

Nifty futures on the Singapore Exchange fell 0.2 percent,while the MSCI-Asia Pacific index excluding Japan was up 0.27 percent.

BSE Sensex is expected to open in red as it tracks global cues going into Tuesday.

Asian shares inched higher and the dollar was pressured with investors growing cautious ahead of new indicators that could flag slowing U.S. economic momentum.

U.S. stocks fell on Monday in one of the lightest volume days of the year,pulling back after the S&P 500’s record closing high last week and after weaker-than-expected U.S. manufacturing data.

FACTORS TO WATCH

Honda Motor’s Indian unit for cars holds a press conference in New Delhi to announce what is expected to be news on a long-delayed second manufacturing plant in the country.

The Supreme Court will likely hear a case on Sterlite Industries’ Tuticorin plant in a southern Indian state. This is regarding an older case,which the company is fighting in the top court against the Madras high court’s order to close the plant on environmental concerns.

INDIAN SHARES TO WATCH

Tata Motors March vehicle sales fall 27.6 pct.

India’s Hero MotoCorp March sales down 11.35 pct.

L&T gives up on premium pricing to edge out rivals.

European Union sets tough conditions for IPRs under FTA.

TPG keen to sell balance 10 pct in Shriram Transport Finance.

Delhi airport may slash user charges next year.

India IVRCL to sell stakes in 3 road projects in south India.

India’s IOC cuts petrol prices from Tuesday.

India’s Feb coal imports up 9.62 pct at 9.65 mln tonnes -govt sources.

UB Files Petition to Stop SBI from Selling USL Shares.