SGX NIFTY indicates slightly positive start for Indian Market
Indian market expected to open marginally higher as indicated by the Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index on Monday. The benchmark indices in India are likely to trade range-bound on Monday in the absence of major Asian markets cues.
In the global front, Asian market trading higher tracking overnight cues from the U.S. market which closed broadly higher on Thursday. The major markets in the Asian region remain closed for the Lunar New Year holiday.