Opening Bell: Markets to open on firm note

Volumes to be key factor in sustained rise

Sensex edged higher by 200 points yesterday. The rally was quite broad based. However the IPO listing disappointed with the listing blues continue to hunt the new comers. The asian markets are ruling firm with support from a spurt seen in US markets. Dow was up 115 points while Nasdaq too climbed 22 points. The US markets rose after news of mergers talks between ABN AMro and Barclays. The US federal reserve is meeting tomorrow to discuss the interest rates. The Japanese Nikkei rose 1.59 % while Hang Seng advanced 2.87 %. Back Home, the Indian stock markets are expected to open on a firm note backed by positive clues from Asian counterparts. Inflation and Interest rates continues on the watchlist for further triggers.