India, Aug. 9 -- Indian shares look set to open on a positive note on Monday, tracking firm cues from global markets as fears of an imminent Federal Reserve rate hike eased.
U.S. employers unexpectedly cut jobs in July and hiring figures for the prior two months were also revised downward, helping ease the risk of an immediate U.S. interest-rate hike.
On the geopolitical front, Iran's parliamentary Committee on National Security and Foreign Policy has approved its own bill on managing the Strait of Hormuz.
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