Pre-Market:Sensex may see a positive opening

The Indian markets may open in the green zone as the Asian markets and the SGX Nifty are all trading in the green. The indicator SGX Nifty has gained 66 points at 5,490.

In the Asian market,Hong Kong shares jumped higher with banks and property developers pacing the the advance in the wake of solid overnight gains on Wall Street and as concerns over Egyptian unrest eased. Trading volumes were relatively light ahead of a long holiday-weekend. The stock market is open only for a half-day and will be closed the rest of week for the Lunar New Year. The benchmark Hang Seng Index climbed 1.5% at 23,826.

Mirroring the US market rally, the other indices too had a positive trading session. The Nikkei is up nearly 2% and Jakarta Composite added 1%. Shanghai Composite, KLSE Composite, Straits Times, Seoul Composite and Taiwan Weighted up between 0.1% - 0.6%

The stocks to watch for the day are Bharti Airtel, Essar, Glaxosmithkline Consumer healthcare, Great Offshore, Hero Honda, Voltas and Wockhardt as their Q3 results will be declared today.Panacea Biotec, Elder Pharmaceuticals and Aegis Logistics  are some of the other stocks to check out for.