Trends On SGX Nifty Indicate A Positive Opening

US stocks declined on Monday as an unexpected drop in China's exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicked off.

Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 55 points or 0.51 percent. Nifty futures were trading around 10,824-level on the Singaporean Exchange.

Oil prices inched up on Tuesday amid supply cuts by producer club OPEC and Russia, although the darkening economic outlook capped gains.

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