Mumbai, April 30 -- GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 27 points at the opening bell.

Stock exchanges will remain closed on Wednesday, 1 May 2024 on account of Maharashtra Day.

Global markets:

Overseas, Asian stocks are trading higher on Tuesday, tracking Wall Street moves, with investors awaiting China manufacturing purchasing managers' index for April.

China's factory activity climbed faster than expected in April, with the official purchasing managers' index coming at 50.4. Factory activity expansion was lower than the 50.8 seen in March.

US stocks closed higher Monday, lifted by Tesla, while traders geared up for a week dominated by corporate earnings and a Federal...