Flat-to-positive opening likely

The Indian markets may open the session on a flat to positive note. MCX will become India's first exchange to be listed today

Headlines for the day

IATA suspends KFA from clearing house; oil cos stop fuel supply
LIC wants to exit MTNL via pvt placement
10-yr-old tax evasion cases may reopen
L&T board meets today to discuss Hexaware acquisition
New telecom policy on Cabinet table in March
India's budget deficit to remain more vulnerable: Moody's

Events for the day
MCX will list today



Ex-date for dividend of Glaxosmithkline Consumer Healthcare
Indian indices
The Indian markets may open the session on a flat to positive note. There were signs that Greece had successfully closed its bond swap offer for private creditors, although caution ahead of the release of US employment data could check momentum.
Shares of MCX, India's largest commodity exchange, will debut on the bourses today, after having got an overwhelming response to its initial public offering priced at Rs1032 a share. Going by the prices being quoted in the grey market, its is expected that the stock will list between Rs1350-1400. In view of the strong demand for the IPO, the mood should be upbeat today. MCX will become India's first exchange to be listed.
Daily trend of FII/MF investment in equities
The FIIs have sold Indian stocks worth a net of Rs171.40 crore on March 06, 2012.The domestic investors sold Indian shares worth a net of Rs143.60 crore on March 05, 2012. The data is as per the SEBI website.
Global indices
The European stocks rallied on Thursday (March 08, 2012), reversing half the loss suffered earlier in the week as Greece moved closer to clinch a bond swap deal with private creditors and avoid a messy default that would have ripple effects across the euro zone.
The US stocks rose on Thursday, recovering most of the week's losses, after Greece moved closer to a bond swap with private creditors to avoid a messy default.
The Asian markets were trading higher on Friday (March 09, 2012) after Greece, according to several senior officials, successfully closed its bond-swap offer to private creditors, key to securing an international bailout to avoid a messy default. SGX Nifty was trading 7 points lower.
Commodity cues
Crude oil rose on Thursday as investors cheered progress on Greece's bond swap deal, which moved the beleaguered country nearer to unlocking funds it needs to avoid default.