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Markets are expected to open on a flat with a positive bias tracking similar trend in Asian shares.
Domestic investor sentiments are likely to remain sluggish this week with trading sentiment expected to be dictated by fourth quarter earnings season, which begins with Infosys results on Friday, say analysts.
Global risk appetite was frail weighed on by a weaker-than-expected U.S. employment reading which raised concerns over growth recovery in the world's largest economy.
At 6AM IST, SGX Nifty traded up 2 points at 5557.00.
Asian shares traded flat in opening deals barring Nikkei Stock Average after Bank of Japan began aggressive monetary easing.
Overnight, US markets ended higher ahead of an earnings season that is expected to show modest growth.
The Dow Jones industrial average was up 47.31 points, or 0.32 percent, at 14,612.56. The Standard & Poor's 500 Index was up 9.66 points, or 0.62 percent, at 1,562.94. The Nasdaq Composite Index was up 18.41 points, or 0.57 percent, at 3,222.26.Following stocks are expected to move today:
TVS Motor and BMW AG's motorcycle division announced a deal on Monday to jointly develop bikes that would give the Indian automaker access to BMW technology as it looks to stem its falling market share.
Aditya Birla Nuvo has decided to sell its carbon black business to a group company, SKI Carbon Black (India), for Rs 1,451 crore, as part of its plan to exit the business in the near future.
Bharti Airtel may move after the Supreme Court asked the department of telecommunications not to take any “coercive action” against the country’s largest mobile phone company by subscriber base on its 3G services, till Thursday.
ITC Hotels, which runs a chain of premium hotels across the country, has hit the audit hurdle for its luxury hotel proposed in Bhubaneswar.
Reliance Communications is in advance stages of talks with Bahrain Telecommunications (Batelco) for selling 80% stake in its step-down subsidiary Reliance Globalcom for around 6,000 crore
