''Indian equity markets are expected to open on a flattish note and trade on a slightly positive note, within a range. We may continue to see some time based correction in the near term,'' said ICICIdirect.

Domestic markets ended mixed as investors opted to remain on the sidelines with Yemen related tensions in the Middle East, which have led to a spike in oil prices and renewed inflation worries after some unseasonal rains in different parts of the country.

US markets ended positive as Federal Reserve Chair Janet Yellen said an interest rate hike may well be warranted later this year but stressed that any increase in interest rates would be gradual.

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.