Markets may see flat to positive start

The Indian markets may open on a flat to positive note tracking mixed global cues. SGX Nifty is also trading 15.00 points lower.

Indian Indices:

The Indian equities may begin the second trading session of the week on a flat note tracking mixed global cues. SGX Nifty is also trading 15.00 points lower.

On Tuesday (September 10, 2013) Sensex shut shop at 19997.10, up by 727.04 points and the Nifty rose 216.35 points to close at 5,896.75.

Global Market

Asian stocks rose on Wednesday (September 11, 2013), on track to post their 10th straight day of gains, while investors gave the safe-haven yen a wide berth as optimism for the Chinese economy grew and worries about US military strikes on Syria receded.

US stocks rallied on Tuesday (September 10, 2013), with the S&P 500 continuing its longest stretch of gains since mid-July, after upbeat data from China and amid heightened diplomacy on Syria.

European stock markets rallied to a more than three-month high on Tuesday after a round of better-than-expected data from China and as tensions eased in the Syria conflict.

Major Headlines of the day

Coal India decides to set up 16 washeries.

Tata Motors launches Xenon Pick-up in Nepal.

SpiceJet begins ATF import on a pilot basis.

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