''Indian markets are likely to open flat to positive on the back of mixed global cues. Earnings from the auto, banking and FMCG sector this week would be key for any directional move in the markets. Long term investors should continue to stay invested in the Indian markets,''said ICICIdirect.

Domestic markets ended positive as sentiments turned buoyant after oil prices slumped overnight on fears of oversupply and provisional data showed that foreign portfolio investors have turned net buyers in Indian equities. US markets ended flat after a choppy trading session as traders waited on the release of the minutes of the Federal Reserve's latest monetary policy meeting.

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