Equity benchmark indices may open with nominal gains on Monday as global peers march forward. As indicated by the SGX Nifty, which was quoting at 17,700 levels, the Nifty index may open around 50 points higher.
Wall Street closed with firm gains on Friday. The Dow Jones, Nasdaq Composite and S&P 500 indices ended 1-2 per cent higher.
Asia-Pacific markets were mixed this morning. Nikkei index rose over 1 per cent, Kospi 0.5 per cent while Hang Seng, Straits Times, Shenzhen indices were fractionally lower.
Meanwhile, here are some stocks to watch out in trade today:
Reliance Industries: RIL, US-based