Market may open lower on weak Asian stocks:
``The market may open lower on weak Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 21.50 points at the opening bell. High volatility is expected on the bourses this week as traders roll over positions in futures & options segment from the near-month December 2011 series to January 2012 series. The near-month December 2011 F&O contracts expire on Thursday, Dec. 29, 2011,`` said Swastika Investmart.
``The market may open lower on weak global markets. Asian stocks snapped a four-day drop and the yen fell as corporate profits beat estimates and South Korea`s consumer confidence rose to an 11-month high. The US markets closed mixed, ending off their session highs ahead of the FOMC meeting announcement. Also, Apple reported quarterly earnings that beat Wall Street`s expectations, sending its shares higher in extended-hours trading. Wipro, Yes Bank, Zensar Tech, STER, BEL, Indiabulls Real Estate and LIC Housing will announce its quarterly result today,`` said SMC Global Research.