Indian markets are expected to open on negative tracking the SGX Nifty and global
US markets moved lower during trading on Friday following the release of the
closely watched monthly employment report. The Dow dropped 272.38 points or
1.7 percent to 16102.38 the Nasdaq slid 49.58 points or 1.1 percent to 4683.92
and the SP 500 fell 29.91 points or 1.5 percent to 1921.22.
The European markets ended Fridays session solidly to the downside. The highly
anticipated U.S. employment report showed disappointing job growth which
triggered uncertainty among investors.
Indian markets tumbled on Friday mirroring weak cues from Wall Street Asia and
Europe as anxiety ahead of U.S. jobs data due out tonight overshadowed optimism
over the prospects of further ECB stimulus.

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