Markets to see green on the first trading day of FY13

Headlines for the day M&M March sales up 25% R-Power plans over Rs6K cr investment in Rajasthan Aviation sector contributes 0.5% of GDP Govt allows Titan to import gold directly Oil cos may lose Rs2 lakh cr in fuel sales this fiscal FII inflows into Indian stocks touch $9 bn this year Events for the day Monthly auto sales and cement dispatches Release of import and export data INDIAN INDICES On the first trading day of the new financial year, the Indian markets may open on a flat to positive note led by positive global cues. Markets may see buying on account of release of Monthly auto sales and Cement dispatches figures and import and export data today. Yesterday, Tata Motors and M&M posted good sales numbers and will be in focus today. Tata Motors sale was up by 20% and M&M was up by 25% in March. On Friday (March 30, 2012), the Sensex gained 345.59 points to close at 17404 and the Nifty advanced at 116.70, and closed session at 5295.55. The US stock market just had its best first quarter in 14 years. For the first three months of the year, the Dow was up 8% and Nasdaq composite index, made up of technology stocks, has had an even more remarkable run – up by 19%. Daily trend of FII/MF investment in equities The FIIs have been net buyers of the Indian stocks to the tune of Rs1299.40 crore on March 30, 2012. The domestic investors bought Indian shares worth a net of Rs7.10 crore on March 29, 2012. The data is as per the SEBI website. GLOBAL INDICES The Asian stock markets rose on Monday (April 2, 2012) after encouraging data from China and the US eased concerns about the global growth outlook. The European shares gained on Friday (March 30 2012) after news of a eurozone deal to boost the region's firewall against future financial crises, but Spanish bond were held at thier high levels. The US stocks on Friday closed mixed at the end of a strong first quarter, as investors weighed the latest development in the eurozone and conflicting US economic data. Commodity cues The Crude-oil fell on Saturday.