Asian equities extended the global rally in risk assets.
Stocks rose in Japan, Australia and Hong Kong. US futures were steady after the S&P 500 completed its best four-day surge since June.
At 8:00 am, the Singapore-traded SGX Nifty–an early barometer of India’s benchmark Nifty 50–traded 0.57% higher at 18,044 points.
Crude oil fell about 1% after a recent advance. Bitcoin traded above $22,000
Back home, India’s stock benchmarks ended firm on Monday aided by gains in basic materials, information technology, realty, auto, and consumer durables stocks. Rupee ended higher against the dollar in a volatile session on Monday.