Indian benchmark indices, Sensex and Nifty 50, are likely to make a flat opening with an inclination towards the positive trend on November 16. GIFT Nifty was up 0.17% at 19,751.50 as of 8:13 am IST, compared to the benchmark Nifty 50's previous close of 19,675.45.

After a gap up opening in the previous session, Indian markets sustained all gains and ended closer to the day's highest point, with all sectoral indices ending in green. Rupee and rate sensitives were at the fore of the market rally.

In the overnight session on Wall Street, the Dow Jones continued its up move for the fourth session and closed high by almost half a percent. The S & P 500 and NASDAQ closed above the flat line.

Along with that, there’s some positive news, especially in terms of crude oil prices which actually softened for the industry's trading session. Brent futures traded closer to the $81.1 a barrel mark.

Asian markets indicated a mixed start this morning, given a certain amount of profit booking that’s been emerging after the recent rally.

Stocks in focus: Bajaj Finance, UCO Bank, Tata Consultancy Services, Rategain Travel, and Dabur

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