Markets may open flat

The Indian benchmark indices on Monday started the session with a gap-up and indices maintained their gains through morning and extended it in late afternoon to end near day’s high levels. At end of the day, the NSE’s 50-share broadly followed index, Nifty gained over half a per cent to settle above the crucial 9,650 mark, while the Bombay Stock Exchange’s Sensitive Index, or Sensex advanced over two hundred and fifty points to scale over the psychological 31,300 mark.

The European markets ended Monday's session firmly in the green. The crucial victory for Macron's party in the French election triggered a sharp jump in the markets at the open. The DAX of Germany climbed 1.07 per cent and the CAC 40 of France rose 0.90 per cent. The FTSE 100 of the UK gained 0.81 per cent.

US Stocks moved higher during trading on Monday, the Dow and the S&P both climbed to new record closing highs. The tech-heavy Nasdaq Composite Index advanced 87 points to 6,239, a gain of 1.14% its biggest one-day point and percentage move since November 7.  The Dow Jones Industrial Average rose 144 points at 21,529. The S&P 500 surged 20 points to finish at 2,453.
 
Asian shares are trading with mixed sentiments in early trade on Tuesday. Japan’s Nikkei 225 has surged 224 points; Hong Kong’s Hang Seng has slipped 47 points, while China’s Shanghai Composite has shed 4 points.
 
At 8:04 am, SGX Nifty Index trading flat at 9,674, indicating a flat start for Indian indices.