Indices may edge higher in early trade

Key benchmark indices settled with modest gains on Friday. The Nifty index added 20 points to finish at 9,789 and the BSE Sensex rose 1 point settling at 31,284. The breadth, indicating overall health of the market was strong. The Mid-Cap and Small-Cap index rose 0.83% and 1.09%, respectively.
 
The European markets ended Monday’s session in positive territory. The German DAX Index climbed 0.57%. The French CAC 40 Index rose 0.39% and the FTSE 100 of the UK surged 0.89%.
 
The US’ stocks closed at all time highs on Monday following release of a report from the ISM showing an unexpected acceleration in the rate of growth in manufacturing activity in the month of September. The Dow Jones Industrial Average moved higher by 150 points to finish at 22,557. The S&P 500 gained 10 point to 2,529. The Nasdaq Composite Index inched up 21 points to close at 6,516.
 
Asian markets surge higher in early trade on Tuesday. The Nikkei 225 has gained 157 points . T he Hong Kong’s Hang Seng has mount 420 points and t he China’s Shanghai Composite has added 10 points.
 
Indian benchmark indices are expected to open gap-up as cues from the global market are positive. The Nifty futures on the Singapore Exchange were trading 52 points higher at 9,892.