Indian shares are likely to open weak on Thursday, tracking sluggish Asian markets. In Asia, stocks fell over uncertainties about US-China trade negotiations, while oil prices plunged 4 percent following higher US crude inventories. Back home, India’s retail inflation rose to a seven-month high in May to 3.05 percent, still below the Reserve Bank of India’s target of 4 percent, giving it room for further rate cuts. At 7.40 AM, the SGX Nifty futures fell 19 points, or 0.16 percent, at 11,906, indicating a weak start for the Sensex and the Nifty 50. Here are the top stocks to watch out for in today's trade:

The S&P 500 energy index slid 1.4 percent, the most among the 11 S&P sectors, as demand worries drove US crude prices down 4 percent. The day's losses made energy the worst-performing S&P 500 sector for the year-to-date.

Indian shares are likely to open little changed amid mixed sentiment in global markets, with Asian shares trading lower and oil prices hovering at a five-month low. At 7.00 AM, the SGX Nifty futures traded 11.5 points or 0.10 percent lower at 11,914, indicating a muted start for the Sensex and the Nifty 50.

Gold fell 1% on Monday, retreating from a 14-month peak hit in the previous session after a deal between the United States and Mexico to avert a tariff war prompted investors to ditch the safe-haven metal for riskier assets.