Indian markets are expected to open in positive tracking the SGX Nifty and the Asian cues, said Angel Broking in its report.

U.S. stocks open in negative but reacted positively to the minutes of the Fed's September meeting, which further offset recent uncertainty about the outlook for interest rates. The gains on the day extended a recent upward trend, with the Dow and the S&P 500 reaching their best levels in well over a month.

The European markets ended Thursday's session with mixed results. The markets were under pressure in early trade, following the release of another weaker than expected German economic report. Germany's exports declined the most in over six years in August, raising concerns over global demand.

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