INDIAN BENCHMARKS  are likely to start the session on a negative note as the global cues look unsupportive with SGX Nifty trading 5 points lower. 

Headlines for the day:
HCL Tech Q1 net profit at Rs14045 cr (YoY)
Petronet LNG Q2 net profit down 5% (YoY) 
Ultratech Q2 nos: Improvement in operating performance; earnings subdued

Trend in FII flows: The FIIs were net  buyers of Rs   898.23 Cr in the cash segment on  Monday while the DIIs were net sellers of Rs   - 246.26 Cr, as per the provisional figures released by the NSE.