Markets may open in green

The Indian markets may open on a positive note tracking positive Asian cues. SGX Nifty is also trading 26.00 points higher. Headlines for the day BHEL's Tiruhcy complex to diversify into defence. ONGC inks MoU with KK Birla Group company for fertiliser unit. RIL sniffs gas in first exploration well in 5 yrs. Events for the day: Indian Indices: The Indian markets may open in the green zone led by supportive Asian cues. SGX Nifty is also trading 26.00 points higher. On Tuesday (April 09, 2013), the Sensex closed at 18226.48, down by 211.30 points and the Nifty fell 47.85 points to settle at 5495.10. Daily trend of FII/MF investment in equities: The FIIs have been the net sellers Indian stocks to the tune of Rs104.20 crore on April 08, 2013. The domestic investors sold Indian shares worth a net of Rs37.20 crore on April 08, 2013. The data is as per the SEBI website. Global News: Asian shares edged higher on Wednesday (April 10, 2013) after a strong session on Wall Street overnight while the yen remained under pressure, with tensions on the Korean peninsula seen capping gains for riskier assets. European stock markets battled to stay in positive territory in afternoon trade on Tuesday (April 09, 2013), as investors eyed market action in the US where stocks wavered around the flat line. US stock indexes rose on Tuesday, lifting the Dow Jones Industrial Average to record heights, as Wall Street embraced the start of first-quarter earnings. Commodity cues: Crude oil prices rebounded from early losses on Tuesday (April 09, 2013) to finish higher, as gains in equities markets provided an optimistic outlook on the broader economy.