Indian markets are expected to open positive tracking the SGX Nifty and most of
global markets.
US markets was closed on Monday for Labor Day Holiday while on Friday it moved
lower as the Labor Departments monthly jobs report offered mixed data. The report
showed much weaker than expected job growth in August but also a drop in the
unemployment rate and an increase in wages.
The European markets edged higher on Monday after falling sharply last week as
investors fretted over Chinas economic slowdown and an impending U.S. interest rate
The Indian markets tumbled on Monday to hit their lowest level in 15 months as
uncertainty over the timing of a U.S. rate hike and continued volatility in Chinese
shares affected investors confidence. China will report exports data for August
month today which is expected to be lower by 6.7% yoy according to consensus
which may impact Indian markets in the near term

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