Several Asian markets opened higher on Monday after weaker US employment data reduced expectations of another Federal Reserve rate hike. Japan’s Nikkei gained more than 2%, while Australia’s benchmark also moved higher during early trading.
US equities had ended the previous week on a positive note, while the dollar weakened and bond yields eased from recent highs. The improved global risk sentiment is providing some support to Indian equities at the start of the new trading week.
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