''The Indian market is expected to open mildly positive on the back of positive global cues. The future outlook would also depend on the speed of execution of the reform process of the government,'' said ICICIdirect.
Domestic markets ended flat after the S&P ruled out any rating upgrade for India in the next 12-18 months and investors also stayed cautious ahead of the derivatives contracts expiry due this week.
US markets ended positive with buying interest generated by strength in emerging markets as well as more dovish comments from ECB President Mario Draghi.
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