(Reuters) - Indian shares may open lower on Monday, taking cues from weak Asian peers and losses on Wall Street amid heightened nervousness over the U.S. Federal Reserve's aggressive rate hike path, while the domestic earnings season kicks off in earnest.
India's NSE stock futures, listed on the Singapore exchange , were down 0.80%, as of 0200 GMT, while MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.2%.
The NSE Nifty 50 index settled 1.01% higher at 17,185.70 on Friday, and the S&P BSE Sensex advanced 1.2% to 57,919.97, with both the indexes posting a weekly loss.
Foreign institutional investors sold net 10.11 billion Indian rupees ($122.69 million) worth of equities on Friday, while domestic investors bought 16.24 billion rupees worth of shares, as per provisional data available with the National Stock Exchange.
Stocks to watch:
** Bajaj Auto reported a bigger-than-expected rise in second-quarter profit on Friday, benefiting from price increases and strong domestic demand for its motorcycles and autorickshaws.
** Shree Cement Ltd reported a 67.2% slump in September-quarter profit on Friday, as fuel costs surged.
** Larsen & Toubro Infotech Ltd's consolidated net profit for the September-quarter rose 23.2% year-over-year to 6.79 billion rupees.
** Tata Power late on Friday said a cyber attack on its IT infrastructure impacted some of its systems.
** Tata Elxsi Ltd reported September-quarter net profit of 1.74 billion rupees, up 39% from last year.