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Indian equity markets are likely to make positive start on Monday, amid continued optimism around GST reforms and mixed cues from global markets. Traders are likely to take some support from U.S. President Donald Trump's softer tone towards India, following weeks of tensions and the talk of more secondary sanctions on countries buying Russian oil. 

Some of the key factors to be watched:

India's forex reserves jump by $3.51 billion to $694.23 billion: The RBI said that India's forex reserves jumped by $3.51 billion to $694.23 billion for the week ended August 29, 2025.

Govt keeping good watch on rupee, several currencies declined against US dollar: Finance Minister Nirmala Sitharaman has said that the government is keeping a good watch on exchange rates, stressing that besides rupee several other currencies have depreciated against the US dollar.

India, Israel likely to sign bilateral investment treaty next week: The private report said that India and Israel are likely to sign a bilateral investment treaty during the upcoming visit of Israeli Finance Minister Bezalel Smotrich this week, while laying the groundwork for a free trade agreement (FTA) to boost trade between the two countries.

Jaishankar meets Bhutan PM Tobgay: After meeting Bhutanese Prime Minister Tshering Tobgay, External Affairs Minister S Jaishankar said that the time-tested partnership between India and Bhutan continues to move from strength to strength.

Coal stocks will be in focus: India's coal import dropped 16.4 per cent to 21.08 million tonnes (MT) in July due to sluggish demand during monsoon and availability of high stock.

On the global front: The US markets ended in red on Friday, as traders digested a closely watched Labor Department report showing much weaker than expected U.S. job growth in the month of August. Asian markets are mostly in green on Monday, as traders await Japan's final GDP growth numbers for April-June quarter. 

Back home, in a volatile trading session, Indian equity benchmarks ended flat on Friday as investors booked profits amid weakness in IT, FMCG and Realty shares. Sustained outflow of foreign funds and fear of additional US tariffs against India also weighed on sentiments. Finally, the BSE Sensex fell 7.25 points or 0.01% to 80,710.76 and the CNX Nifty was up by 6.70 points or 0.03% to 24,741.00.

Some of the important factors in trade: 

India's exports this year to be higher than 2024-25: Union Minister Piyush Goyal said that India's exports during the current financial year would be higher than 2024-25, while asserting the government is working at a fast pace for diversification of outbound shipments. 

GST reforms to cause Rs 3,700 crore revenue loss to government: The State Bank of India (SBI) in its latest research report said that reforms in GST through reduction in rates will cause a minimal revenue loss of Rs 3,700 crore. The government estimates the net fiscal impact of GST rates rationalisation will be Rs 48,000 crore on an annualised basis. 

PM Modi, EU leadership reaffirm commitment to seal India-EU FTA soon: India and European Union have pledged to seal their much-awaited free trade deal by December with Prime Minister Narendra Modi and 27-nation bloc's top leaders Antonio Costa and Ursula von der Leyen pledging to promoting a rules-based global order, amid Washington's disruptive trade policies. 

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