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Market Summary

India equity benchmarks are expected to open higher on March 27, as trends in SGX Nifty indicate a positive start for the broader index in India with a gain of 116 points. In the previous session, Sensex fell 398 points to close at 57,527, while the broad-based Nifty declined 132 points to settle at 16,945.

US stocks closed higher on Friday, marking the end of a tumultuous week as Federal Reserve officials calmed investor fears over a potential liquidity crisis in the banking sector. The Dow Jones Industrial Average rose 132.28 points, or 0.41%, to 32,237.53, the S&P 500 gained 22.27 points, or 0.56%, to 3,970.99 and the Nasdaq Composite added 36.56 points, or 0.31%, to 11,823.96.

Asian shares followed U.S. stock futures higher on Monday on hopes authorities were working to ring fence stress in the global banking system, even as the cost of insuring against default neared dangerous levels.

The Nifty futures were trading around 17,041 levels on the Singaporean exchange.

Stocks under F&O ban on NSE: Hindustan Aeronautics and Indiabulls Housing Finance.

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