The Indian market is expected to kick start on the higher side with the US markets closing on a positive note on the weekend.

Domestic markets have hit on a plane note due to diverse signals from the Asian and United States markets.

As expected, the bulls could not maintain the buying drive. Key indices fell from a day’s up despite a good close from the Asian markets.

There is likelihood for Indian equities markets to expand their rally due to the outstanding profits on Wall Street on Monday, as investors responded optimistically to the United States government’s decision to assist banks to get rid of dire assets.

A positive opening is likely today with indices on the higher side, though investments need to be safe.

The local markets are expected to have an even beginning today amidst varied worldwide cues.

The quick sector indices on the Sensex were Metal, IT, TECk, Realty and Bankex. The optimistic market breadth remained at 1307 wins and 669 losses on the Sensex, whereas 89 continued to be unaffected.

Markets closed 1.56% high after trading on top towards end today with investors quickened to grab majority of good deals post record down closings in the last 3 sessions.

The day is expected to hit on a dismal note with the Indian equities market due to instant declines on the Wall Street and even the Asian markets looks grim.

More declines have been seen by the markets, as selling goes on in technology, oil & gas, power, banking, metal, telecom and capital goods stocks.