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The hawkish message was not what Wall Street wanted to hear and S&P 500 futures were down a further 1.1%, having shed almost 3.4% on Friday. Nasdaq futures lost 1.5% with tech stocks pressured by the outlook for slower economic growth.

Reliance Industries wil host its 45th post IPO annual general meeting on Monday. The traders be keenly looking an update from its chairman Mukesh Ambani for succession plan, future business outlook and IPOs of retail & telecom business.

The factory at Hansalpur in Gujarat will be completed by 2026 and make cells for electric vehicles (EV) that the company will make in India. The upcoming Maruti Suzuki plant at Kharkhoda in Haryana, meanwhile, will make EVs and petrol-driven cars and will have an annual capacity to make one million units.

Elan Group, promoted by director Akash Kapoor, chairman Rakesh Kapoor and managing director Ravish Kapoor, has 12 projects in prime locations of Gurgaon and Delhi, with a total saleable area of about 15 million sq ft.

Qatar fund was looking at 50% discount to $22 billion valuation; Co negotiating equity option or structured pre IPO placement investment at 20% discount to $22 bn valuation, FY21 audited results key.

One of the persons aware of the development said German parent Metro AG is concerned about the regulatory environment in India and the ‘swadeshi versus videshi’ debate. Lobby groups representing Indian retail companies have upped the ante against overseas retailers, alleging violation of FDI norms, which the foreign companies have always denied.

The dollar index continued to climb on Monday to 109.16, up 0.3% in early trade. A stronger dollar weighs on oil as it makes crude more costly for buyers holding other currencies.However, oil prices have been buoyed by talk from Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries and allies, together called OPEC+, that they could cut output in order to balance the market.

Nudged by infrastructure companies and developers, the lobby of lenders recently approached the central bank to let banks assess the risk of an infrastructure company based on its cash flow and nature of counterparties.

"Powell made it clear that there is no dovish pivot as some market participants had expected," Carol Kong, senior associate for currency strategy and international economics at Commonwealth Bank of Australia.

"The broader market indices are expected to catch up with benchmarks as Nifty Midcap and Nifty Smallcap indices have given a breakout from an eight-month falling channel along with a strong thrust on breadth as measured by the percentage of stocks above 200 DMA increasing sequentially from the June reading of 14% to 50% currently, suggesting broad-based participation that augurs well for the longevity of uptrend."