''Domestic markets are expected to witness a positive opening, tracking global cues. Apart from global cues, markets will be driven by quarterly earnings and the release of inflation data,'' said ICICIdirect.

Domestic markets ended in the red on the back of weak global markets along with a falling rupee and weak earnings news from prominent public sector banks.

US markets ended in the positive territory on the back of bargain hunting by traders to benefit from stocks at reduced levels.

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