The Sensex may open with a positive gap

t ratio moving above one to 1.06 - the first time for the March contract. This indicates that sell positions were covered during the intra-day fall.  

Banking stocks are likely to see significant activity as most of the trades done in the FII-to-FII segment were dealt at a huge premium to spot market prices.

Technicall, the Sensex may face some resistance at the 10,650 and 10,700 levels. While on the downside, the index may find support around 10,490 levels.