Another positive start likely

Mirroring the trend of the global markets, the Sensex is likely to post yet another positive start. The 3% drop in the crude oil prices could add to the positives.

However, a huge negative number from the FIIs could play spoisport. The FIIs were net sellers to the tune of Rs 501.60 crore on Tuesday in the cash segment. Hence, the market may witness some resistance at higher levels.