Indian equity benchmark indices are expected to open on a positive note on Monday, tracking mixed global cues, as investors await the release of India’s infrastructure output data.
At 6:47 am, GIFT Nifty
futures were trading at 26,177.5, up 16.5 points, indicating a mildly higher start for domestic markets.
Global cues
Asia-Pacific markets were trading higher after China’s central bank kept its loan prime rates unchanged on Monday. Japan’s Nikkei 225 was up 1.86 percent, South Korea’s KOSPI gained 1.9 percent, while Australia’s S&P/ASX 200 advanced 0.83 percent in early trade.
On Friday, US markets ended sharply higher for a second straight session, led by gains in AI-related stocks as risk appetite returned following recent volatility. The S&P 500 climbed 0.88 percent, the Nasdaq Composite rose 1.31 percent, and the Dow Jones Industrial Average added 0.38 percent.
