Markets may notch marginal gains in opening trades following positive cues from Asia. The Nifty futures on the Singapore Exchange advanced 24 points, at 4,938.
Markets across Asia posted gains in the morning session following small gains on Wall Street overnight. Investor sentiment improved marginally as they hunted for bargain buys, all eyes are on Ben Bernanke's Speech on Friday this week. On Wall Street, the Dow Jones industrial average gained 0.3%, The Standard & Poor's 500 Index closed flat, up 0.03% and the Nasdaq Composite Index added 0.2%.
In Asia, the Nikkei Stock Average added 0.1%, Hong Kong's Hang Seng was up 0.6% and the Shanghai Composite surged 1%. China's HSBC Purchase Managers Index climbed to two month high of 49.8 in August from 49.3 in July.
Back in India markets may remain volatile on account of the futures & options expiry. Emkay Global Financial Services in the morning note said, Nifty rollover stood at 24%, three days before expiry in line with past average. High rollovers were seen in power and energy sectors.
