Benchmark share indices are likely to open marginally higher after a period of consolidation on Monday.
Meanwhile, Asian share indices were trading mixed as the partial US federal government shutdown which continued for the second week weighed on investor sentiment.
At 8AM Indian Standard Time the SGX Nifty was up 47 points at 5,980.
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The Dow Jones industrial average ended down 136 points, or 0.9%, to end at 14,936. The Standard & Poor's 500 Index closed 14 points, or 0.9% lower, at 1,676. The Nasdaq Composite Index fell 37 points or 1%, to end the session at 3,770.
European stocks ended mixed on Monday. The CAC-40 ended marginally up while the DAX slipped 0.4% and the FTSE-100 ended 0.3% lower.
STOCKS TO WATCH
Financial Technologies may see some action after the company said it has received a show-cause notice on October 5 from commodity market regulator FMC regarding its 'fit and proper' status as a shareholder in MCX.
GVK Power is likely to be in focus after the Coal Ministry has rejected the Power Ministry's request to grant linkages for GVK Power's 540 MW plant in Punjab saying that state-owned CIL has a "negative coal balance".
Steel stocks may witness action after most domestic primary steel producers have raised prices of steel products on the back of increased transportation costs due to hike in rail freight charges.
GlaxoSmithKline Pharmaceuticals may witness profit taking after the company said its sales continue to be affected in the major pockets of the country as its products are not being purchased by stockists and retailers from September 15, 2013.