Indian benchmark indices — Sensex and Nifty 50 — are likely to open slightly higher on September 29, tracking gains in Asian peers as global markets stabilised from a recent sell-off, while crude prices eased from 10-month highs.

India's GIFT Nifty was mostly unchanged at 19,636 points at 8:05 am on the NSE International Exchange.

In the trading session on September 28, the markets were unable to sustain gains. The Nifty 50 ended at a nearly one-month closing low on the expiry day with 43 out of 50 stocks closing in the red. However, for September overall, the Nifty 50 was higher by around a percent and a half.

The markets in the past few trading sessions seemed to have been weighed down by cues such as higher Brent crude prices, the idea of higher for longer rates, higher yield and dollar, and concerns emerging on China's property market.

However, in the overnight session, crude oil prices softened a tad bit and US markets ended higher. Europe also snapped its five-day losing streak.

Meanwhile, Asia markets were trading largely higher this morning, implying a rebound.

The Reserve Bank of India (RBI) policy is due next week from October 4-6.

Tune in to Marketbuzz Podcast for more news and cues ahead of today’s session