Indian markets are expected to open a Positive note tracking SGX Nifty and Global markets, said Angel Broking in its report. ''The trend deciding level for the day is 26,159 / 7,925 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 26,375-26,518 / 7,988 ��" 8,026 levels. However, if Nifty trades below 26,159 / 7,925 levels for the first half-an-hour of trade then it may correct towards 26,016-25,800 / 7,886-7,824 levels,'' it added.
Yesterday, the US markets closed in the green as traders continued their bargain hunting after the sell-off witnessed in the past week.
European markets too ended in the positive territory after the Chinese market rebounded sharply post the recent sell-off.