Indian Markets May Open Slightly Higher, Asian Markets Mixed

The SGX Nifty was showing gains of nearly 57 points, suggesting that Indian markets may open the week on a higher note. The Reserve Bank of India surprised last week by keeping the repo rates unchanged, which could help sentiments through this week.

Meanwhile, Asia has opened Momday's trade on a mixed note as investors return after the long Easter weekend.

The Japan's Nikkei 225 was up 0.30%, while the Topix was up 0.40%. South Korea's Kospi was 1.04% higher, and the Kosdaq index also gained 0.26%.

This week will see key economic data including inflation and corporate numbers of Infosys and TCS.
Globally, investors will be looking at the U.S. consumer price index release on Wednesday, with Refinitiv data forecasting that inflation is expected to come in at 5.2% on a year on year basis, lower than February's figure of 6%.