Indian markets are expected to open negative on the back of negative global cues. The markets would be keenly watching the June 2 monetary policy with the expectation of a 25 bps repo rate cut,'' said ICICIdirect.

Domestic markets ended notably positive on expectations of strong GDP data and a rate cut by the Reserve Bank of India in its upcoming monetary policy on Jun. 2, 2015. US markets ended negative amid continued concerns about the outlook for the ongoing debt negotiations for Greece.

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