Indian Stock Markets Closed, Asia Trade Higher

Indian stock markets were close today for a festival holiday, while most of Asia was trading with gains. Dow Futures were trading higher by almost 0.20 per cent, while the SGX Nifty was up 33 points in trade.

The Japanese Nikkei was trading with gains of nearly 1 per cent, while the Australian S&P ASX 200 was trading with gains of 1.5 per cent.

Indian markets had closed weak on Friday, following a slide in banking stocks. This was after the RBI announced a moratorium extension for another three months.

Meanwhile, this week the markets would watch corporate numbers, as well as spiralling tensions between the United States and China.