Indian markets on strong global cues started on a positive note with Sensex jumping 300 points, while Nifty opening higher by over 50 points to hit 14695 levels. In the US, on strong economic data hit a record high.
Meanwhile, Asian indices which were expected to trade strong were weak with Nikkei index dragged lower by over 1 percent.
Shares of Maruti Suzuki will be in focus after the company almost doubled its production capacity YoY to 1,72,433 vehicles in March 2021 against 92,540.
Trident shares may lose on the news that fire broke out in the company's warehouse facility that has caused huge damage to stocks at Budhni, Madhya Pradesh.
IRCON International shares will be in focus after the company in a BSE filing said the board of directors have approved the issuance of fully paid-up bonus shares in the ratio of 1:1 (one fully paid up equity share for every one fully paid up equity share held).
Oil prices after a fall in the dollar and inched higher after registering a big drop of over 4 percent even as OPEC + agreed to return a supply of over 2 million barrels per day by July.