''Indian markets are expected to open on positive note tracking SGX Nifty and other Asian markets. Indian shares rose modestly on Friday, with banks leading the rebound after the previous session's sell-off, as encouraging U.S. economic reports, including data showing an unexpected drop in initial jobless claims,'' according to Angel Broking.

''The trend deciding level for the day is 26,089 / 7,774 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 26,268 - 26,427 / 7,825 - 7,870 levels,'' it said.

''However, if Nifty trades below 26,089 / 7,774 levels for the first half-an-hour of trade then it may correct 25,930 - 25,751 / 7,729 - 7,679 levels,'' it added.

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