Markets may open marginally higher tracking positive Asian cues.
Markets may react to the economic growth data that was announced post market hours on Friday. The movement of rupee and foreign fund flows would drive the stock market this week.
At 08:00 AM Indian Standard Time the SGX Nifty was up 2 points at 5,447.
According to technical experts, the Nifty may seek support around 5,420-5,390, while face resistance around 5,520-5,555.
Wall Street shares fell on Friday to mark their steepest decline since May 2012 amid uncertainty over the possibility of U.S.-led military intervention in the Syrian conflict.
The Dow Jones industrial, Standard & Poor's 500 and Nasdaq Composite Index were down 0.3-1%.
Asian shares, the Australian dollar and copper prices rose on Monday while the yen fell as hopes grew that China may have halted a sharp economic slowdown after factory activity data expanded at the fastest pace in more than a year in August.
MSCI's broadest index of Asia-Pacific shares outside Japan. Japan's benchmark Nikkei gained 0.8 percent.
Markets may react to the economic growth data that was announced post market hours on Friday. The movement of rupee and foreign fund flows would drive the stock market this week.
At 08:00 AM Indian Standard Time the SGX Nifty was up 2 points at 5,447.
According to technical experts, the Nifty may seek support around 5,420-5,390, while face resistance around 5,520-5,555.
Wall Street shares fell on Friday to mark their steepest decline since May 2012 amid uncertainty over the possibility of U.S.-led military intervention in the Syrian conflict.
The Dow Jones industrial, Standard & Poor's 500 and Nasdaq Composite Index were down 0.3-1%.
Asian shares, the Australian dollar and copper prices rose on Monday while the yen fell as hopes grew that China may have halted a sharp economic slowdown after factory activity data expanded at the fastest pace in more than a year in August.
MSCI's broadest index of Asia-Pacific shares outside Japan. Japan's benchmark Nikkei gained 0.8 percent.
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