The market has opened on the higher side Friday. The Sensex is currently at 18,798, up 272 points from the previous close. Nifty is at 5598, up 79 points. Market breadth is positive.

A flat-to-slightly higher opening is expected for the market today, says an NDTV Profit Poll. Nifty is immediately expected to move to 5575, 5625. The market may witness a higher level of profit booking in the second half of the trading session. Stocks to watch for the day are ABB,Siemens and Orchid Chemicals.

Siemens is a hold at current levels, says Shahina Mukadam of IDBI Capital, on CNBC-TV18. The company can do an EPS of Rs 60-65 next year, and from that perspective, the stock looks very attractive at current levels, she says.