Indian stock markets are expected to rise on Monday tracking global peers, which advanced as investors, in Asia as well on Wall Street, turned optimistic over more countries restarting their economies, even as some reported a surprise pick up in new covid-19 cases.
SGX Nifty, which indicates the movement for domestic indices, suggests a positive opening South Korea warned of a second wave of the new covid-19 as infections rebounded to a one-month high, while new infections accelerated in Germany.
Still, investors seemed determined to stay optimistic, with MSCI's broadest index of Asia-Pacific shares outside Japan firming 0.1%.