Stocks to Watch: M&M, Reliance, Sapphire Foods, CE Info, BEL, Hind Zinc

Stocks to Watch: M&M has entered into an asset transfer agreement for certain identified assets related to four-wheeler passenger electric vehicles with Mahindra Electric Automobile

Equity benchmark indices are eyeing a weak open on Wednesday following a sharp decline in US markets overnight. As indicated by the SGX Nifty, which was quoting at 17,778 levels, the Nifty index may open around 60-70 points lower. 

On Wall Street, the Dow Jones lost 2.06 per cent and the S&P 500 dropped 2 per cent while the tech-heavy Nasdaq fell 2.5 per cent as investors remained wary of strong economic data that makes case for more rate hikes. 

In Asia, Nikkei and Kospi slipped 1.2 per cent each. Strait times and Shenzhen index dipped up to 0.7 per