Indian stock markets likely to be cautious in Tuesday’s trade tracking global cues. Asian shares managed a tentative rally on Tuesday as factory data from China held out the hope of a rebound in activity even as other countries across the globe all but shut down.
China's official manufacturing purchasing managers' index (PMI) bounced to 52.0 in March, up from a record-low 35.7 in February and topping forecasts of 45.0.
Still, the headline number was a relief and helped MSCI's broadest index of Asia-Pacific shares outside Japan rise 1.1%. Japan's Nikkei firmed 1.0% after a jittery start, while South Korea added 2%.
Healthcare stocks had led Wall Street higher, with the Dow ending Monday up 3.19%, while the S&P 500 gained 3.35% and the