``The market is expected to open on a positive note taking some clues from the Asian markets and as we saw yesterday, markets recovered on statement from RBI deputy governor Subir Gokarn that there are chances for interest rate to soften in the upcoming monetary policy on June 18, 2012. With decline in international crude oil prices, inflation rate is expected to soften in June month which will lead to cut in the interest rates,`` said IDBI Capital.
Market may open on a positive note: