Pre-market: Sensex likely to open flat

The markets are likely to open on a flat note tracking mixed cues from the global markets. Apple lifted US stocks on Monday after it announced regular dividends and a share buy-back plan.

The Dow Jones industrial average moved up 0.05 per cent to end at 13,239, while the Standard & Poor's 500 Index gained 0.4 per cent to 1,410. The major European markets all moved lower on Monday. While the French CAC 40 Index slid by 0.5 per cent, the German DAX Index and the FTSE 100 Index both edged down by 0.1 per cent.

In Asian, MSCI's broadest index of Asia Pacific shares outside Japan inched 0.1 per cent higher on Tuesday. The Japanese markets, however, are closed today.

Back home, the Nifty is likely to face resistance around 5,300 and 5,320, while it can seek support around 5,220 and 5,195 levels, technical analysts suggest. At 810 am Indian Standard Time, the SGX Nifty was trading at 5,283 levels, up six points.

Among individual stocks, Kingfisher Airlines could move lower today on reports that the airline’s flying permit may be cancelled.

Reliance Capital Trustee Company, a subsidiary of Anil Dhirubhai Group's Reliance Capital has purchased 13 million shares of Mahindra Satyam for over Rs 87 crore.

Hindustan Motors has said that four promoter group firms have increased their stake in the company to 32.19 per cent by picking up an additional 6.82 per cent through preferential allotment.

Reliance Industries' largest gas fields in its KG-D6 block have hit an all-time low production of about 28 million standard cubic meters per day as the firm shut six wells due to water and sand ingress.