ndian markets on Wednesday tracking negative global cues may open flat, However PMI Manufacturing, Infrastructure output data that are scheduled to be released in the week will decide the course of the market. At 0702 hours IST, the Nifty Future on the Singaporean stock market was trading at 17,648, down 26.25 points, or 0.15 per cent, signaling a negative start for the Indian market. Striding on an equivalent path, The US stock exchange also opened within the red and therefore the US stocks saw their worst day since May, U.S.

futures rose after the S&P 500 closed 2 per cent lower — the foremost since May. The Nasdaq 100 tumbled the foremost since March. Similarly, Asian stock markets also opened lower on Wednesday, equities fell in Japan, Australia and South Korea as mounting concerns over the debt-ceiling impasse in Washington added to investor angst. The Hang Seng Index sank 0.91 percent, or 223.68 points, to 24,276.71

The Shanghai Composite Index lost 0.80 percent, or 28.70 points, to 3,573.52, while the Shenzhen Composite Index on China’s second exchange also retreated 0.80 percent, or 19.34 points, to 2,382.86. Tokyo’s key Nikkei index opened down two percent on Wednesday, extending global market jitters, as traders worried about rising oil prices and fears of a US debt default. The benchmark Nikkei 225 index was down 2.00 percent, or 602.55 points, at 29,581.41 in early trade, while the broader Topix index fell 2.11 percent, or 43.83 points, to 2,037.94.

On Tuesday, the 30-share BSE barometer pared some losses to finish 410.28 points or 0.68 per cent lower at 59,667.60. The broader Nifty of the National stock market declined by 106.50 points or 0.60 per cent to shut at 17,748.60, dragged down by Bharti Airtel and Tech Mahindra.

Here are some stocks that might be focused today:

HDFC AMC: Foreign promoter Standard Life Investments likely to sell 1.06 crore equity shares (5 percent stake) in HDFC Asset Management Company via an open market transaction on Michaelmas , consistent with CNBC-TV18. LIC of India acquired 1.24 lakh equity shares within the company via an open market transaction on September 24, increasing shareholding to five .007 percent from 4.949 percent earlier.

Interactive Financial Services: the corporate has received approval as a registered Merchant Bankers with SEBI.

IMP Powers: IMP Powers Limited has submitted a Resolution decide to its lenders for restructuring of its credit facilities under the RBI guidelines. an equivalent is under discussion with lenders. the corporate is extremely confident of successful restructuring of its debt and shall intimate its outcome.

HCL Technologies (HCL): a number one technology company and a Premier Consulting Partner of Amazon Web Services (AWS), has joined the AWS Service Delivery Program and become an AWS Contact Center Intelligence Partner.

Shreyas Shipping & Logistics: the corporate has signed a Memorandum of Agreement (MOA) for acquisition of 1 bulk carrier of 35,152 DWT.

Infosys: Infosys announced the launch of the Leads and Proposals Solution as a part of SAP’s industry cloud portfolio for the professional services industry. This cloud-native business-to-business (B2B) solution, a part of Infosys Cobalt, leverages predictive analytics, the SAP Analytics Cloud solution, and therefore the SAP Conversational AI service, integrated with SAP S/4HANA Cloud to drive innovation within the professional services sector.