India, May 25 -- Indian shares look set to open higher on Monday, tracking gains in U.S. index futures and mostly positive cues from Asian markets after U.S. President Donald Trump extended a deadline for EU trade deal until 9 July, following a call with European Commission president.
Investors will also react to RBI's record dividend transfer of Rs. 2.7 lakh crore to the government and its implications for fiscal policy.
On the economic front, the release of industrial and manufacturing production data for April along with the Q4 GDP growth figures due this week may provide fresh insights into the economic recovery trajectory.
Benchmark indexes Sensex and Nifty fell around 0.7 percent each last week amid fears about U.S. debt after Mood...