Major US indexes advanced modestly, with the S&P 500 topping its intraday record of 2,940.91 set on September 21 with a session high of 2,949.52.

Indian benchmark indices BSE Sensex and NSE’s Nifty50 are set for a negative start amid muted global sentiment. Asian shares declined despite a record run in US markets as traders were cautious ahead of US Federal Reserve policy decision this week and China factory activity data. Indian markets were closed on Monday on account of the voting day in Mumbai. The Sensex rose 336.47 points to 39,067.33 and the Nifty50 gained 112.90 points to 11,754.70 on Friday. Here are the top stocks to watch out for in today’s trade:

Alphabet Inc's Google on Monday saw its slowest revenue growth in three years from increased competition in advertising, stumbles in its smartphone business and disruptive changes at YouTube that left the leading internet ad company lagging rivals.

Indian shares are set to open lower on Tuesday following losses in Asia as investors await the US Federal Reserve’s policy decision this week for clues of whether it will continue to take a "patient" approach to interest rate policy. Indian markets were closed on Monday on account of the voting day in Mumbai. On Friday, benchmark indices reversed gains and ended around 0.8 percent higher amid rising crude oil prices. The Sensex rose 336.47 points to 39,067.33 and the Nifty50 gained 112.90 points to 11,754.70 amid rising crude oil prices. At 7.30 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 38.5 points at 11,831, indicating a tepid start for the Sensex and Nifty.