MSCI's broadest index of Asia-Pacific shares outside Japan added 0.2% to reach its highest since June 2018, extending a 2.8% rise last week
At 7:10 AM, SGX Nifty was trading more than 50 points higher at around 10,630 levels, indicating a higher opening for the Sensex and Nifty today
On the results front, a total of 18 companies including Indiabulls Housing Finance are scheduled to announce their results today
While the Nikkei Manufacturing Purchasing Managers' Index increased to 47.2 last month from 30.8 in May it was still below the 50-mark separating growth from contraction
The SGX Nifty, though, is trading with a slight cut and is indicating an open around 10,470 levels for the Nifty today
The SGX Nifty is indicating an open at around 10,030 levels for the Nifty amid mixed global cues
Telecom stocks are expected to remain active today as the Supreme Court will hear the AGR matter later in the day
The Nikkei India Manufacturing Purchasing Managers' Index (PMI) had already been on a downward curve registering 51.8 in March, much below January's eight-year high of 55.3
Today, a total of seven companies, including ACC, CRISIL, Den Networks, and ICICI Prudential Life are scheduled to release their March quarter earnings
Today, IT giant Infosys is scheduled to come out with its Q4 numbers and analysts are penciling in a 1 per cent QoQ hit in its revenue growth in constant currency terms for the quarter
RBI Governor Shaktikanta Das' media address at 10 am will remain a big focus today for investors who will also digest reports of an imminent second stimulus package
Tech giant Tata Consultancy Services is scheduled to release its March quarter numbers and analysts see some erosion in the company's revenue due to the nationwide lockdown
Wipro is slated to announce its Q4 numbers later in the day and most brokerages expect the company's revenue growth to come in at the lower end of the guided range of 0-2 per cent
HDFC will be in focus in today's session after the People's Bank of China increased its stake in the lending major to 1.01 per cent
News agency Reuters quoted senior officials saying that the government is poised to announce a second stimulus package in coming days which will be worth around Rs 1 trillion
Icra Ratings yesterday sharply cut India's GDP forecast amid the Covid-19 crisis. The rating agency now expects the economy to grow at just 2 per cent in the current fiscal
Investors will also react to Markit Services PMI data for March which was released yesterday, and, according to the monthly survey, India's services sector contracted in March to 49.3
Equity investors took solace as the death toll from the coronavirus slowed across major European nations including France and Italy
Reliance Industries will be in focus today after the oil to telecom conglomerate yesterday said the company's board has approved a proposal to raise Rs 25,000 crore through non convertible debentures
According to analysts, the extreme volatility seen in the Indian equity markets is unlikely to change anytime soon and traders should minimise the risk by opting for hedged options strategies