''Indian markets are expected to open in the positive territory on the back of positive global cues. After digesting a surprise 50 bps rate cut, investors will look to global cues before the advent of the Q2 earnings season,'' said ICICIdirect.
Domestic markets ended positive post a dovish outlook by the RBI, a firming trend in the rupee and positive global cues strengthening investor sentiments.
US markets ended positive as traders reacted positively to a report from payroll processor ADP showing stronger-than-expected private sector job growth in September.
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