Indian markets are expected to open in green tracking SGX Nifty Asian peers.
U.S. stocks ended Thursdays session modestly lower for second consecutive day as
investors turned cautious ahead of an important employment report due on Friday.
Key indexes swung between small gains and losses before ending the day slightly
lower as investors were weighing a possible rate hike in December 2015. Notably
Energy Utilities and Materials were the biggest decliners.
European stock ended the day in red as the pound dropped after Bank of England
gave a downcast outlook for the British economy saying that weakness in emerging
markets will drag on the growth and inflation prospects. Poor quarterly earnings led
to correction across the Wm. Morrison Supermarkets and Randgold Resources stocks
on Thursday.
Indian markets ended the day in red for second consecutive trading session. With
outcome of Bihar Exit polls later in the evening investors turned cautious. Key
indices witnessed c

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