Market is likley to open flat with a positve:
``The market is likley to open flat with a positve with bias taking cues from global markets. Asian stocks outside Japan rose for a fifth day and the won strengthened as corporate profits beat estimates and South Korean manufacturers` confidence increased to the highest level in nine months. US stocks closed slightly higher Friday as investors weighed higher corporate earnings reports against disappointing economic news. With the day`s climb, the Dow Jones industrial average has regained all its losses for April. Dabur, OBC, Hindustan Motors, Bank Of India, Jsw Energy, KPIT Cummins, Punj Lloyd, Titan Ind. and Vijaya Bank will announce its quarterly result today,``said SMC Global Research.
US markets were flat Tuesday despite positive news on housing prices in a closely-watched private index.