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Indian markets are expected to open on positive note tracking the SGX Nifty and
most Asian markets.
U.S. markets ended Mondays session in the red. The weakness on US Market
reflected uncertainty ahead of several key events in the coming days including the
release of the Labor Departments monthly jobs report on Friday.
The majority of the European markets ended Mondays session in the green on
hopes for further ECB stimulus measures. The European Central Bank is will make its
announcement upon the conclusion of its policy meeting on Thursday.
The Indian markets ended little changed on Monday as mixed global cues and
rupee weakness kept investors on edge ahead of GDP data due out later in the day.
RBI is set to announce its fifth bimonthly monetary policy statement today at 11am.
It is expected that the central bank will maintain statusquo on rates.

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