In early action, SGX Nifty indicates that the Indian markets may start with a modest uptick. The Nifty is expected to open around 10,833, up by 30 points. However, given the geopolitical tensions and expiry of February series future & options contracts, the markets are more likely to remain on tenterhooks and volatility is likely to be elevated. On the macro front, gaining attention of market participants will be India’s GDP figures.