Nifty May Open Flat Tracking Mixed Asian Markets

The Indian benchmark indices are likely to open on a flat note on Monday tracking mixed global cues.

Most of the Asian markets were trading on a positive note. The Hang Seng was up 154 points or 0.6 per cent, China's Shanghai Composite was quoting 1.4 per cent higher and Korea's KOSPI was up 0.2 per cent. While, Japanese stocks were witnessing some amount of selling pressure as Nikkei was down 0.2 per cent.

The SGX Nifty was down 5 points at 8,811 indicating a flat start for the Indian markets.