At 7:30 am, Nifty futures were trading higher by 0.97 per cent on Singapore Stock Exchange The domestic stock markets are likely to have a gap-up opening due to favourable global cues. Trends on SGX Nifty indicate a gap-up opening for the index in India, with a 107-points gain. At 7:30 am, the Nifty futures were trading at 14,975, higher by 107 points or 0.97 per cent, on the Singapore Stock Exchange. Stocks rose on Monday amid speculation that interest rates will remain low for an extended period due to the receding risk of a rapid acceleration in inflation, while oil prices jumped after a cyber attack on a U.S. pipeline operator unnerved markets. Futures for Japan's Nikkei rose 0.03 per cent.