Stocks to watch: M&M, Nykaa, SAIL, Sun Pharma, NALCO, Oil India, Tata Steel.

Domestic markets are expected to open with a lackluster performance on Monday, prior to the release of significant inflation data and in light of bleak global sentiments.

The SGX Nifty was recorded at 17,829 levels, displaying a decline of roughly 50 points.

On a global scale, the morning saw a lackluster performance from US equity futures, with the Dow Jones Futures, NASDAQ Futures.