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Indian markets are expected to open on a Positive note tracking the SGX Nifty and Global Markets. US stocks posted solid gains yesterday after initially showing a lack of direction. The strength in the markets was primarily led by energy stocks which gained on reports of Saudi Arabia and Russia working toward an agreement to cut oil production. European stocks rose and closed mostly higher on Tuesday at the end of a choppy session helped by gains in Energy and Mining stocks owing to rising commodity prices. The Indian markets ended on a strong note for a second consecutive session on Tuesday led by companies with higher rural exposure which gained after the private forecaster Skymet forecasted an above average monsoon this year.Download Full Report