Daily Indian Stock market opening bell(27-03-12)

The Indian markets are expected to open positive on the back of strong global cues.

The domestic markets on Monday ended sharply lower on weak global cues on concerns over Spain’s fiscal outlook and lingering worries over the slowing global growth.

The Sensex has supports at 17010 and 16830 and resistances at 17300 and 17490. The Nifty has supports at 5150 and 5100 and resistances at 5240 and 5280.