The BSE Sensex is set to start lower on Monday in line with shaky global markets after dismal consumer sentiment data and weak earnings from U.S. firms pulled down Wall Street on Friday.Shares in HDFC Bank , India's No. 2 private-sector lender, will be in focus ahead of its earnings. The bank is expected to report June quarter net profit rose by a third."I expect the market to slip about 1 percent in the first few hours. We should get some direction from the European markets later," said S.P. Tulsian, a Mumbai-based independent investment analyst.The MSCI's measure of Asian markets other than Japan was down 0.9 percent by 0307 GMT.The Nifty India stock futures in Singapore were trading 0.6 percent lower.The 30-share BSE index rose 0.7 percent last week to 17,955,82.STOCKS TO WATCH* Infosys Technologies Ltd , after it shut a small outsourcing facility in Bangkok, one of the three it had bought from Royal Philips Electronics.* Tata Motors, after it raised Nano car prices by 3 to 4 percent higher due to a steep increase in input costs.* Tata Steel, after its unit NatSteel Holdings Pte Ltd has sold 27.03 percent stake in Malaysia's Southern Steel Berhad for $72 million.* Consolidated Construction Consortium after its unit CCCL Infrastructure entered into an agreement with Tamilnadu Industrial Development Corp to set up a special economic zone near Tuticorin.News posted by www.newsinfoline.com
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