Markets to kickstart todays trade in red

The Indian bourses may open on a negative note on account of mixed global cues.

Headlines for the day

Maruti hikes prices of cars by up to Rs17K.
KFA to pay only Rs 10 cr dues till Mar-end.
L&T General Insurance bullish on growth in FY13.
Tata Comm gears up for Cable & Wireless Worldwide bid battle.
GAIL mulls doubling capacity of Dabhol LNG terminal.
Events for the day



Ex-date for bonus issue of Hatsun Agro Product.

Ex-date for final dividend of KSB Pumps.
Indian Indices:

Last week, the Indian stock market, which has been volatile on account of the recent Budget 2012-13 proposals and lack of strong global cues may start today’s trading session in red. The cues from global markets are negative; SGX nifty is also trading lower and is down by 33.50 points.

On Friday (March 23, 2012), Sensex settled at 17361, rising 165 points and the Nifty settled at 5278, up by 49 points.
Daily trend of FII/MF investment in equities

The FIIs have been net buyers of the Indian stocks to the tune of Rs651.70 crore on March 21, 2012. The domestic investors sold Indian shares worth a net of Rs34.50 crore on March 21, 2012. The data is as per the SEBI website.
Global Indices:

The Asian stock markets were mixed on Monday (March 26, 2012), finding some support after losing ground last week on fears of the impact of an economic slowdown in China.

The European shares closed higher on Friday, (March 23, 2012), to record their steepest weekly loss since the start of the year as weak economic data from China and the United States helped bring a four-month rally to a halt.

The US stocks surged on Friday, but Dow Industrials and the S&P 500 notched their biggest weekly declines this year as investors shifted their focus to slowing growth in China.

Commodity Cues:

Crude Oil ended up lower on Friday.