The markets are likely to open on a choppy note despite positive global cues. As of 8:25 AM, the SGX Nifty Futures quoted at 15,544 levels, indicating a cut of 94-odd points on the Nifty50.

Global sentinments turned positive as investors picked up stocks after markets moved into an oversold zone. On Tuesday, the US equity markets traded in a positive territory, with all major indexes closing above 2 per cent. Asia-Pacific markets, too, traded on a positive note as Japan...