Indian equity markets are is expected to open in the red as trends in the SGX Nifty hinted at a negative start for benchmark indices NSE Nifty 50, BSE Sensex with a loss of 140 points. “ECB policy meet is scheduled where members are expected to take up front-loading of rate hikes. Markets participants will also be keeping an eye on the EU energy ministers meeting that is scheduled later this week to discuss measures to tame spiraling natural gas prices. US Service PMI data for month of August will be released on Tuesday,” said Siddhartha Khemka, Head – Retail …
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