Markets expected to open flat, in-line with Asian peers

Global markets

Major Asian markets are trading flat at present with Shanghai Composite down 0.17%, Hang Seng is up 0.16%, while Nikkei is trading flat, up 0.07%.

US Markets: Stocks witnessed modest weakness during yesterday’s trading session. The major averages all ended the day in negative territory. The Dow edged down less than a tenth of a percent at 24,746.21, the Nasdaq fell 0.3% to 6,936.25 and the S&P 500 dipped 0.1% to 2,680.50. A decline in shares of Apple weighed in on the tech-heavy Nasdaq, with the tech giant ending the day 2.5% lower.The drop in Apple came after a report from Taiwan's Economic Daily predicting the company would lower its forecast for first-quarter iPhone X sales to 30 million.

All the major European markets remained shut yesterday.

FII /DII Data: In yesterday’s session FII’s sold 44 crores stock whereas DII’s bought 544 crores worth of stock. In the derivative market, FII’s sold 49 crores of Index futures and bought 1,080 crores worth of Index options. In the Stock futures segment, FII’s sold 115 crores worth of stock futures and bought 49 crores stock options.