Here's how the top brokerages rate Tata Motors, Eicher Motors, Nestle and Coal India

Benchmark indices are likely to closely track global cues like oil prices and key macro-data on Tuesday. The investors will also keep an eye on the skirmishes between India and Pakistan. Markets were closed on Monday on account of Mahashivratri.

Meanwhile, Asian shares stepped back on Tuesday after China cut its economic growth target and pledged measures to support the economy amid growing challenges from rising debt and a dispute over trade and technology with the United States. China cut its growth target for this year to 6.0 to 6.5 percent, in line with expectations, from around 6.5 percent last year.

Australian shares dropped 0.6 percent while South Korea’s Kospi lost 0.5 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent and Japan’s Nikkei dropped 0.3 percent.