Indian equity markets are expected to gain slightly on Tuesday tracking Asian shares. SGX Nifty also indicates a positive opening.
However, domestic macro economic data may worry investors. Other Asian markets are in the green on signs of a slowdown in covid-19-related deaths.
Oil prices resumed their decline on doubts about a potential Saudi Arabia-Russian pact to cut output. On Monday, Japanese Prime Minister Shinzo Abe pledged to roll out an unprecedented economic stimulus, equal to 20% of economic output, as his government vowed to take “all steps" to battle deepening fallout of the coronavirus.
Equity investors kicked off the week encouraged by the slowing death toll from the virus across major European nations, including France and