Asian shares gave up earlier gains on Monday after the China HSBC flash manufacturing purchasing managers index (PMI) fell to an eight-month low in March.
US stocks slipped on Friday, as investors booked profits in momentum names heading into the weekend, wiping out early gains that had pushed the S&P 500 to an intraday record high.
KEY EVENTS/FACTORS TO WATCH
India's first-half borrowing projection for 2014/15, expected during the week.
A committee set up by the Supreme Court of India is expected to submit a report on the limit to be placed on Goa's iron ore production
The Supreme Court of India will also start hearing an appeal to ban mining in Odisha state, and petitions against the gas pricing formula approved by a cabinet panel in June last year that allowed a steep increase in gas prices from $4.2 a unit from this April.
Reliance Industries eyes extra gains from gas pricing
Moody's warns Novelis of rating downgrade
Chidambaram election shy as party popularity slides
Indian farmers driven to suicide as hail ruins crops
IFCI gets offer from IDBI Bank for stake in Stock Holding Corporation of India
Trent says Tesco to buy shares held by unit THL for about 1.5 billion rupees
MCX-SX says extended subscription period of rights issue till April 17, 2014
Balamara Resources signs MOU with Gujarat State Fertilizers