Asian markets in green

Most of the Asian markets are trading in the green zone. Major asian indices like the Nikkei and the Hang Seng are up around 0.5% each at 16,032 and 15,973, respectively.

The Kospi and the Shanghai indices have rallied over 1% each to 1,336 and 1,632, respectively.

The Phillipines PSE index, however, is down 0.8% at 2,282.

(Indices as of 09:30 IST)