''The Indian market is expected to open on a positive note driven by EC M3 money supply YoY positive global cues. However, the markets are likely to remain volatile on account of the expiry of derivatives contracts,'' said ICICIdirect.

Domestic markets ended negative weighed down by mixed global cues and portfolio churning ahead of the expiry of F&O contracts due today in a holiday-shortened week.

US markets ended mixed following the release of several key US economic reports, including a Labor Department report showing initial jobless claims fell more than expected in the week ended November 21.

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