Markets are trading higher on Monday taking cues from their key Asian counterparts.
Among sectoral indices, the Nifty Pharma index is up over 2.5% led by a rally in the shares of Sun Pharmaceutical Industries, Lupin and Aurobindo Pharma.
Among key results, Aurobindo Pharma, Larsen & Toubro, NTPC, Bharat Petroleum Corporation, Coal India, Mahindra & Mahindra, Power Grid Corporation of India and Eicher Motors are likely to announce their March 2018 quarter earnings during this week.
In economic data, India’s fiscal deficit, GDP, index of eight infrastructure industries and Nikkei Markit manufacturing PMI are due later this week. That apart, investors will also keep a close watch on movements in oil prices and rupee
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