Markets may open slightly higher

Key benchmark indices snap two-day losing streak on Friday. The Sensex gained 87.53 points to settle at 32,325, its highest closing level since 2 August 2017. The Nifty 50 index rose 53 points to settle at 10,066.40.

The European stocks ended higher on Friday as German factory data beat estimates. The UK's FTSE 100 Index advanced by 0.50 per cent, the German DAX Index climbed by 1.16 per cent and the French CAC 40 Index jumped by 1.40 per cent.

US stock-market indices ended with marginal gains on Friday, with Dow industrial logging record close for an eighth straight session after the labour market data came in above expectations. The Dow Jones Industrial Average jumped 67 points to close at 22,093. The Nasdaq advanced 11 points to 6,352. The S&P gained 5 points to 2,477.

The majority of Asian markets were trading in positive terrain in early trade on Monday. Japan’s Nikkei 225 has edged up 123 points. Hong Kong Hang Seng has surged 133 points. China’s Shanghai Composite has shed 2 points.

Domestic markets are likely to open the day with marginal gains following positive cues from Asian Peers and the SGX Nifty were trading at 10,112 up by 11 points, hinting a positive start for the day. Major stocks which will report their quarterly earnings on Monday are as follows Britannia, Amaraja Batteries, Natco Pharma, Nilkamal, Polaris, Tata Steel and Whirlpool.