The Indian market is expected to rise on Monday, supported by positive global cues. On October 4, the Indian equity markets ended their fifth straight session in the red, with the Nifty closing at approximately 25,000, down 235.50 points (0.93%).
Dollar feeble as rate hike bets dwindle, Iran war worries grow
The U.S. dollar weakened against major currencies as traders scaled back tightening expectations. Soft economic data, including retail sales and job losses, influenced these shifts.