''Indian markets are expected to open positive on the back of positive India PMI services, India PMI composite Asian cues. In the near term, markets will be driven by global news flows before the onset of the Q2 earnings season,'' said ICICIdirect.

Domestic markets ended significantly positive after sentiments remained upbeat on the World Bank’s forecast that India is expected to weather global volatility and post real growth of 7.5%.

US markets ended positive amid renewed hopes that the Federal Reserve will delay raising interest rates after a report showed that services sector growth slowed more than expected.

Domestic markets ended with marginal gains, trimming most of their initial gains due to disappointing data of 'eight core' sector, which slowed to 2.6% in August compared with 5.9% in the corresponding month last year.

US markets ended positive as the weaker-than-expected job growth shored up expectations that the Federal Reserve will hold off on raising interest rates in the near term.

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