India's equity benchmarks are likely to open little changed on Monday, following last week's gains, with investor focus firmly on the listing of Tata Capital - India's largest IPO of 2025 so far. Gift Nifty futures were trading at 25,308.5 points as of 7:47 am IST, indicating that the benchmark Nifty 50 will open near Friday's close of 25,285.35.