Indian markets are expected to open on a positive note tracking the SGX Nifty and
global cues.
U.S. stocks closed in the green on Friday marking its best week as big gains in
shares of retail and technology companies pushed the indices higher.
The European markets edged higher clocking three month highs. Talks of further
stimulus measures from European Central Bank led to gains in the indices.
Indian markets closed with a marginal gain in a volatile trading session. The
markets gave up almost entire gains after rising 0.8% at day’s high. Rally in
automotive stocks following a Seventh Central Pay commission which proposed a
hefty 24% hike for Government employees had pushed the market higher in early

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