Market may open in green; infy nos, inflation eyed

Markets may open on a positive note tracking positive global cues. Volatality may remain amid Infosys results and monthly inflation
Headlines for the day
ABB bags Rs 75 cr project from Delhi Metro
NLC plans to generate 6,500 Mw power
Maruti to hire 500 for Manesar plant
Moody's downgrades ratings of ONGC, GAIL
IDBI Bank may hike fund raising via MTN to $2.5 bn



Events for the day
Inflation for March 2012
Results: Infosys, Development Credit Bank
Indian Indices:
Indian Markets may have a positive start tracking positive global cues and on account of SGX Nifty trading 55 points higher.
The earnings season kicks off, with India's second largest software exporter, Infosys, announcing its Q3 results today and results may impact sentiments. IT stocks will hog the limelight today
Inflation numbers for month of February will be out today, Investors will remain cautious in today's trade. Volatality will persist on account of monthly inflation numbers.
Daily trend of FII/MF investment in equities:
The FIIs have been net seller of the Indian stocks to the tune of Rs371.50 crore on April 11, 2012. The domestic investors sold Indian shares worth a net of Rs150.30 crore on April 11, 2012. The data is as per the SEBI website.
Global Indices:
Asian shares rose on Friday (April 13, 2012) on better-than-expected demand for Italian sovereign debt. HANG SENG up by 1.60% and NIKKEI 225 surged by 1.53%
European stock markets bounced back on Thursday (April 12, 2012) from losses early in the day as investors shrugged off the results of an Italian bond sale and regained a taste for riskier investments
US stocks scored a second day of solid gains on Thursday, led by materials and energy stocks, as investors set aside weak figures on the domestic labor market.
Commodity cues
The crude oil finished higher on Thursday as equities rallied, despite a closely watched report from an energy watchdog saying that the crude-oil market is amply supplied.