Asian shares declined amid the escalation in US-China trade tensions, as oil extended losses.

Yes Bank said it has received final approval and registration from Securities and Exchange Board of India (SEBI) for acting as Custodian of Securities.

Custodian of Securities is a license granted by SEBI to eligible entities allowing them to offer custodial services to financial market participants including foreign institutional investors (FIIs) and foreign portfolio investors (FPIs).

Benchmark indices opened mildly lower on Monday following weakness in Asian peers amid escalated US-China trade tensions.

The Sensex slipped 16.67 points to 35,605.47 and the Nifty declined 8.00 points to 10,809.70.

BPCL, HPCL, and IOC gained 2-3 percent after further fall in crude oil prices.

Tech Mahindra, ICICI Bank and HDFC Bank are early gainers.

Dr. Reddy's Labs fell 2 percent. Vedanta, Hindalco Industries, UltraTech Cement, Tata Steel and ONGC are under pressure.

Nifty Midcap and Bank Nifty indices slipped 22 points each.

Jet Airways, SpiceJet, InterGlobe Aviation, Idea Cellular, TVS Motor Company, Castrol, Motherson Sumi and DCM Shriram gained up to 5 percent.

Avenue Supermarts, PVR, Vakrangee, Ruchi Soya, Dish TV, JSPL and Nalco fell up to 5 percent.

Benchmark indices settled pre-opening session mildly higher despite trade war tensions.

The 30-share BSE Sensex rose 76.29 points to 35,698.43 and the 50-share NSE Nifty gained 12.50 points at 10,830.20.

Indian markets are expected to open negative today tracking mixed global cues. In the near term, the market will watch out for the progress of monsoons and movement of crude oil prices along-with FII and DII activity.

Domestic markets ended on a flat note amid mixed global cues on the back of renewed trade worries between China and US. US markets ended in the negative territory as China indicated retaliation with tariffs of its own if the U.S. goes ahead with its plans to impose heavy tariffs on Chinese goods.

Benchmark indices are sharply higher in pre-opening despite weak Asian trade amid US-China trade war.

The 30-share BSE Sensex rose 326.65 points to 35,948.79 and the 50-share NSE Nifty gained 13.70 points at 10,831.40.

The Nifty50 is likely to open lower on Monday following a weak trend seen in other Asian markets. The Nifty closed 9.6 points higher at 10,817 on Friday.

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 46.5 points or 0.43 percent. Nifty futures were trading around 10,779-level on the Singaporean Exchange.

Wall Street stocks ended lower on Friday, capping a day of heavy trading with investors mostly pulling back from initial concerns over an escalating trade dispute between the United States and China, said a Reuters report. 

Asian markets slipped on Monday as investors digested the escalation in trade tensions between the US and China after both countries announced tariffs last week. Japan's Nikkei 225 declined 0.53 percent while the Kospi slipped 0.17 percent.

China will impose additional 25 percent tariffs on 659 US goods worth USD 50 billion in response to the US announcement that it will levy tariffs on Chinese imports, the Chinese commerce ministry said.

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