Indian markets may open flat with a positive bias as cues from Asian markets are subdued and as US stocks witnessed selling pressure in overnight trade . Traders will keep an eye on the CPI data and Industrial Production figures which will be announced by the government today. The SGX Nifty is pointing that Nifty may open with minor gains of 16 points at 10,434.  

The stock that are most likely to witness a significant movement on the bourses on April 12, 2018 are Quess Corp Limited, Larsen & Toubro Limited, Tata Motors Limited, Bandhan Bank Limited and Hindustan Petroleum Corporation Limited.       

The 37 AMCs accounting for over 99.99 per cent of the total assets under the management in Indian Mutual fund industry agreed to pay a service charge per transaction for using BSE StAR MF platform on Tuesday.

Gas distribution company Mahanagar Gas plunged by 4 per cent on the bourses in Wednesday’s trade, in an extension of its 6.7 per cent fall over the past two days. 

Metropolitan Stock Exchange (MSE) has permitted listing of 14 IPOs under its ‘Permitted to trade category’ (PTT) on the same day of their listing on BSE and NSE.   

Saudi Aramco has signed a MoU for developing 60 MT per annum refinery in Ratnagiri, Maharashtra. The refinery is expected to be commissioned by 2022.

Oil marketing companies (OMCs) were trailing on the bourses on Wednesday following news reports that government has asked them to absorb the recent spurt in international crude oil prices

In a significant development, Mahindra Group’s Mahindra Defence signed an agreement with Japan headquartered ShinMaywa Industries to set up manufacturing and assembling of structural parts and components for US-2 amphibian aircraft on Wednesday.

Following stocks are close to their 52-week low as at 12.58 p.m. on April 11, 2018.