''Indian markets are expected to open on positive note tracking SGX Nifty and most of Asian markets. India's benchmark indexes Sensex and Nifty rose to over one-week highs on Tuesday, after the government on Monday decided to bring about an ordinance to resolve the uncertainty stemming from the Supreme Court's decision to cancel 214 coal blocks and carry out reforms in the coal sector,'' according to Angel Broking.

''The trend deciding level for the day is 26,533 / 7,913 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 26,658 - 26,741 / 7,951 - 7,975 levels,'' it said.

''However, if Nifty trades below 26,533 / 7,913 levels for the first half-an-hour of trade then it may correct 26,450 - 26,324 / 7,889 - 7,851 levels,'' it added.

Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.