Besides, stock-specific movements on the back of Q3 results, oil price fluctuation, and the value of rupee against the dollar could steer indices.
MSCI’s broadest index of Asia-Pacific shares outside Japan inched up 0.1 per cent with the Australian market rising 0.6 per cent, and South Korea’s KOSPI lifting 0.7 per cent. Japan’s Nikkei was closed for a holiday.
In the US, the S&P 500 and the Nasdaq closed at record highs during the overnight trade on Monday as Chinese workers slowly returned to business. The Dow Jones rose 0.6 per cent, the S&P 500 gained 0.73 per cent, and the Nasdaq Composite added 1.13 per cent.