BSE Sensex to open lower; eyes on Maruti, metals

The BSE Sensex may open lower on Wednesday, tracking weaker global markets as rising risk aversion among investors after a ratings downgrade of Greece caused a worldwide shift to safe-haven assets.



Top car maker Maruti Suzuki will be in focus after sources told Reuters Volkswagen AG plans to take a stake of up to 20 percent in its Japanese parent, Suzuki Motor Corp.



Metals stocks such as Sterlite Industries and Hindalco will be watched as the outlook for metals prices turned bleak on increasing risk aversion, dealers said.



Asian shares were trading lower with the MSCI's measure of Asian markets other than Japan down 0.8 percent by 0329 GMT, while Japan's Nikkei shed 1.2 percent.



Nifty India stock futures in Singapore were down nearly 1 percent, indicating the local market may open weaker.



On Tuesday, the 30-share BSE Index closed 1.44 percent higher at 17,227.68.



STOCKS TO WATCH

* HCL Technologies Ltd, after the software services firm said on Tuesday it won a multi-million pound, five-year, outsourcing contract from the British arm of global media group News Corp.

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