The Indian markets will resume trading after a long weekend and it will again go into another holiday on Wednesday this week. Hence, we might not see much action in the markets as traders might be reluctant to take any significant positions. However, we cannot rule out stock-specific action as over 40 companies are lined up to announce their earnings today. Looking at the early action among Asian peers and the SGX Nifty, the Nifty may open the day flat at 11,847 levels. Traders will also keep eye on India’s infrastructure output for the month of March which is due later in the day.