At 7:30 am, the Nifty futures were trading greater by 0.47 per cent on Singapore Stock ExchangeThe domestic stock exchange are most likely to open in the green, following positive worldwide hints.
Wall Street ended in the green, early futures trading pointed towards a positive start throughout Asia and patterns on SGX Nifty showed a favorable opening for the index in India, with a 57-points gain.
At 7:30 am, the Nifty futures were trading at 14,772, greater by 57 points or 0.47 per cent, on the Singapore Stock Exchange.Asian stocks were set to track Wall Street gains on Tuesday as bond yields drew back, relieving issues about inflation although financiers are keeping a close eye on increasing COVID-19 cases in Europe.Hong Kong's Hang Seng index futures rose 0.5 percent, while Australian stocks were up 0.3 percent.
In Japan, Nikkei futures were 0.8 percent higher.
E-mini futures for the S&P 500 acquired 0.06 per cent.Overnight, Wall Street rallied as innovation stocks rebounded from a current sell-off sparked by surging bond yields, and Tesla jumped after a fund run by an influential investor in the electric-car maker said its shares might approach $3,000 by 2025.
The Dow Jones closed up 103.23 points, or 0.32 percent, at 32,731.2.
The S&P 500 gained 27.49 points, or 0.70 per cent, to 3,940.59 and the Nasdaq Composite included 162.31 points, or 1.23 per cent, to 13,377.54.
Oil steadied on Monday as hopes for a pick-up in demand later on this year helped jail last week's broad sell-off, but costs stayed under pressure as brand-new European coronavirus lockdowns made a quick healing appearance less likely.Brent crude ended the session up 9 cents or 0.1 per cent at $64.62 a barrel, while United States oil for shipment in April fell 13 cents, or 0.2 per cent, to settle at $61.55 a barrel as it expired.On Monday, the S&P BSE Sensex declined 86.95 points to end at 49,771.29 and Nifty fell 7.60 points to 14,736.40.