The Indian markets are expected to open positive on the back of positive Asian cues. The domestic markets on Thursday fell considerably as investors diverted funds to invest in ONGC shares through a one day auction.

The Sensex fell by 168.7 points or 1.0% to 17584.0, the Nifty fell to 5339.8, down by 45.5 points or 0.8% The Sensex has supports at 17460 and 17320 and resistances at 17720 and 17870. The Nifty has supports at 5300 and 5270 and resistances at 5380 and 5420