In individual stocks to watch out today, Colgate might see some reaction to its numbers, after the margins were lower than expected.
Housing finance major, HDFC would be volatile ahead of the institutions results to be declared later today. Analysts expect the institution to report PAT growth of around 10 per cent. L&T is also likely to see some action ahead of its results. Both, L&T and HDFC have a significant weight in the index.
It would also be interesting to see the movement in TCS. On Friday the stock fell more than 5 per cent and on Monday it climbed 5 per cent and on Tuesday it fell more than 2 per cent, suggesting immense volatility in the stock.
Also, watch out for mid cap stocks like Raymond and Mahindra and Mahindra Financial Services which declare their results today.
Thermax may also be volatile after the company reported a drop in its net profit. Also, keep an eye on banking stocks which rallied substantially in trade yesterday, exactly a week ahead of the Monetary policy.