''Indian markets are likely to open on a positive note today, tracking global cues. In the near term, India's trade balance data, the ongoing result season and monsoons are likely to impact market sentiments,'' said ICICIdirect.

Domestic markets ended marginally lower after mixed earnings performance from TCS and Infosys.

US markets ended in the green after the release of several economic data, which suggested the Federal Reserve will not be in a hurry to raise interest rates.

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