Asian markets have started the day on a mixed note. The Hang Seng stands weaker by 4 points while the Nikkei is up 92 points. The RBI governor Bimal Jalan has hinted that RBI might go in for further rate cuts. Wonder how big the rate cut would be this time. Zydus Cadila Healthcare has had a tiff with American drug firm Pfizer.
Market participants wait for the trading session to begin.
Morale in the market seems to have received a boost given the improved performance in the US and Asian equity markets. Players expect the trading session to begin on a positive note.