Indian shares may open a tad higher on Tuesday amid reports that the government has collected as much as Rs 42,000 crore so far as taxes in the first monthly filing under the new Goods and Services Tax (GST) regime.
Separately, research firm Nielsen said consumer confidence in India fell in the June quarter partly as Indians feared job losses due to business changes triggered by GST implementation.
Benchmark indexes Sensex and the Nifty gave up early gains to end down about 0.8 percent each on Monday while the rupee closed marginally higher at 64.13 per dollar.
Asian stocks are mostly higher this morning and the Japanese yen weakened after four days of gains as U.S. President Donald Trump outlined a new strategy for the U.S.'s engagement in Afghanistan.
U.S. stocks fluctuated before closing mixed on Monday amid geopolitical tensions and concerns about President Trump's ability to implement his pro-business agenda.
The Dow and the S&P 500 inched up around 0.1 percent each while the Nasdaq Composite slid 0.1 percent to extend losses for a third day.
European markets fell on Monday amid renewed U.S.-North Korea tensions and ahead of the upcoming Jackson Hole conference beginning on Thursday. The pan-European Stoxx Europe 600 index dropped 0.4 percent to end lower for a third session in a row.
The German DAX shed 0.8 percent, France's CAC 40 index dropped half a percent and the U.K.'s FTSE 100 edged down 0.1 percent.
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