Indian markets eye gap-up opening; crude, bond yields and RBI policy remain key
Indian equity markets are set to open higher following a long weekend, with Nifty futures indicating a gap-up of about 150 points. Analysts anticipate a cautious stance from the Reserve Bank of India (RBI) amid persistent inflation, with a potential 25 basis points rate hike expected. Market participants will closely monitor the RBI's policy meeting scheduled for later this week.