Indian markets may open on positive note: Sharekhan

According to a report by Sharekhan, today the global scenario looks favourable, which may result in positive opening of the Indian markets. SGX Nifty is also trading 22.50 points higher.

On Wednesday (January 02, 2013), the Sensex settled at 19714, up by 133 points while the Nifty closed at 5993, rising by 42 points.

Asian stock markets are mixed on Thursday (January 3, 2013), with Australia continuing to rise on relief over a fiscal-cliff deal, while currencies took pause after Wednesday's strong gains.

European shares posted stellar broad-based gains on Wednesday (January 2, 2013), as investors returning from the New Year's break cheered a deal in Washington to avert the so-called fiscal cliff, widely seen as potentially threatening a US recession.

US stocks kicked off the new-year with their best day in over a year on Wednesday, sparked by relief over a last-minute deal in Washington to avert the "fiscal cliff" of tax hikes and spending cuts that threatened to derail the economy's growth.

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