At 7:30 am, the Nifty futures were trading greater by 0.6 percent on Singapore Stock ExchangeThe domestic stock markets are most likely to open in the green, going by positive hints from the worldwide front.
Wall Street had closed higher over the weekend, Asian markets are looking up in early trading and trends on SGX Nifty suggest a favorable opening for the index in India.
At 7:30 am, the Nifty futures were trading at 14,787, higher by 77 points or 0.6 per cent, on the Singapore Stock Exchange.Asian shares edged meticulously higher on Monday catching the tailwind from a bounce on Wall Street and ahead of what are expected to be upbeat readings on the Chinese economy, though any frustration could quickly chill the mood.MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.2 per cent, nudging even more far from a four-month trough struck recently.
Japan's Nikkei acquired 0.4 percent, having likewise touched its most affordable because early January last week.Wall Street closed greater in a broad rally, an upbeat conclusion to whipsaw week of trading as signs of a rebounding economy squared off versus installing inflation jitters.The Dow Jones rose 1.06 percent, the S-P 500 gained 1.49 per cent and Nasdaq Composite added 2.32 per cent.On the incomes front, Bharti Airtel, Federal Bank, Colgate Palmolive, Gland Pharma and Sun Pharma Advanced Research Business will declate their outcomes during the day.The markets had ended flat on Friday; the BSE Sensex increased 41.75 points and Nifty fell 18.70 points.