Markets may open in green

The Indian markets may open on a positive note led by positive Asian cues. SGX Nifty is also trading 18 points higher. Events for the day: Ex date for final dividend of Global Offshore Services, Vivimed Labs. Ex date for dividend of Jindal Saw, Opto Circuits (India). Headlines for the day: Jhunjhunwala buys 4.5% in Geometric, hikes stake to 14.55%. TRAI to impose fine on operators for flouting MNP norms. PM likely to give message to nation on FDI today. BofA-ML sees lending rates falling by 50 bps more by March. Indian Indices: On the last trading day of the week, the opening of the Indian markets will be on a positive note tracking positive Asian cues. SGX Nifty is also trading 18 points higher. On Thursday (September 20, 2012), the Sensex settled at 18349, down by 146 points while the Nifty closed at 5554, slipping by 45 points. Global Indices: Asian stock markets steadied on Friday (September 21, 2012) as markets consolidated after recent sharp moves triggered by central banks' stimulus steps, with weak data giving no clear signs about the likelihood of another steep downturn in growth or a solid pick up. European shares (September 20, 2012) were weaker and the euro came under pressure as lackluster global manufacturing and labor reports compounded worries of global growth. The Dow industrials ended slightly higher on Thursday while the S&P 500 and the Nasdaq cut most of the day's losses in a sign that investor sentiment remains generally positive despite several weak manufacturing surveys from around the world. Daily trend of FII/MF investment in equities: The FIIs have been the net buyers Indian stocks to the tune of Rs1090.90 crore on September 18, 2012. The domestic investors sold Indian shares worth a net of Rs470.60 crore on September 18, 2012. The data is as per the SEBI website. Commodity Cues: Crude oil rose on Thursday.