''Indian markets are expected to open on a flat to positive note on the back of mixed global cues. The markets would watch the US Fed rate decision, commentary along with FII's flows in the coming days,'' said ICICIdirect.

Domestic markets ended in the positive territory after the BJP's strong success in the elections of the assembly elections including Uttar Pradesh and Uttarakhand.

US markets ended in the red ahead of the Federal Reserve meet and uncertainty on its decision on interest rate hike.

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