India, Oct. 12 -- Following the rebound seen during last Friday's session, stocks may show a lack of direction in early trading on Monday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures up by less than a tenth of a percent.

Traders may be reluctant to make significant moves ahead of the release of key inflation data in the coming days that could have a significant impact on the outlook for interest rates.

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