Indian stocks were set to open lower on Monday, tracking weakness in global markets, as sentiment took a hit due to protests in major Chinese cities against the country's strict zero-COVID policy.
India's NSE stock futures listed on the Singapore exchange (SINc1) were down 0.34% at 18,598 as of 0140 GMT.
Fears about a COVID-led dent to China's economic growth also weighed on commodities, with Brent crude slipping to $83 per barrel.
Foreign institutional investors bought a net 3.69 billion rupees ($45.17 million) worth of equities on Friday, while domestic investors sold a net 2.96 billion rupees ($36.24 million) worth of shares, as per provisional NSE data.
Stocks To Watch:
** Siemens 
SIEMENS: Life Insurance Corporation 
LICI cut its stake in the company from 5.17% to 3.13%.
** DCM DDCM: LIC reduced its stake in the company from 6.295% to 4.21%.
** One 97 Communications 
PAYTM: The Reserve Bank of India (RBI) a payment aggregator licence for the company and asked it to reapply within 120 days after meeting certain conditions.
** Larsen & Toubro Financial Holdings 
L_TFH: Completed divestment of its mutual fund business to HSBC Asset Management (India) and received 34.84 billion rupees. The company also realised surplus cash balance of 7.65 billion rupees in L&T Investment Management.
** VA Tech Wabag 
WABAG: Signed an agreement with Asian Development Bank towards raising 2 billion rupees through unlisted non-convertible debentures.
($1 = 81.6850 Indian rupees)
