The US markets were shut on Monday on account of Labor Day.

European shares were little changed on Monday, as investors analysed economic data for signs on the European Central bank's policy trajectory, while Germany's DAX index hit a record close, even as populist wins in state elections inserted uncertainty.

The pan-European STOXX 600 index was little changed at 524.94 points, still moving around its record highs touched last week after data showed euro zone inflation fell to its slowest pace in three years.

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Asian stocks advanced Tuesday, led by Japanese equities.

Nifty ended on a positive note on Sept 02 extending gains for the 13th consecutive session, its longest run in decades. At close, Nifty was up 42.8 points at 25278.7. Nifty once again remained in a narrow 98-point range through the day. After rising for 13 straight days, possibility of a correction setting in soon remains high. Nifty could face resistance in the 25360-25400 band while 25130 could offer support in the near term.

Indian markets could open flat to mildly higher, in line with mostly higher Asian markets today.