NSE Nifty futures traded on the Singapore Exchange gain 0.12 percent, while the MSCI-Asia Pacific excluding Japan index falls 0.14 percent.
Asian markets were torn two ways on Monday, some following Wall Street lower but others encouraged by US jobs data that hit the sweet spot for many investors -- firm enough to soothe concerns about the health of the US recovery but not so strong as to hasten the end of policy stimulus.
Momentum shares like Netflix and TripAdvisor sold off sharply for a second straight day on Friday, giving the Nasdaq its worst day since February and leaving investors anxious about how much further they may fall.
Indian Stocks to Watch
Advisers to India's Narendra Modi dream of a Thatcherite revolution (Read Story)
Two largest cement makers Lafarge, Holcim agree to merge
India to kick off world's biggest election in remote northeast
India's opposition holds strong lead in last big poll before election
All FDI welcome, except in retail, says BJP leader Arun Jaitley
India's drug inspectors hard-pressed to scrutinise factories
India central bank shifts to consumer prices for valuing Indian rupee
Tata Steel says FY saleable steel production up 12.7 pct
India's forex reserves post highest weekly rise in 4 months
Indian tyre-makers shine as car owners replace bald rubber (Read Story)
State Bank of India to offload up to 40-bn-rupee bad loans to ARCs
Escorts plans to restructure its auto component business
ONGC's foreign arm to offload equity in Vietnam block
Russia's Rosneft woos Reliance Industries, ONGC for exploration tie-ups