Reliance, Grasim to announce earnings today

Following yesterday's strong upmove the Sensex is likely to began the day on a positive note. However, volatility cannot be ruled out, as today is the expiry of the futures & options of April series.

The umpove may face some resistance around 12,060 levels before attempting to cross its all-time high. On the downside, the index has a fairly good support around 11,810-11,735 levels.

Following companies are scheduled to announce their earnings today and hence the stocks could be in action - Reliance Industries, Grasim, Indian Overseas Bank, Inox, Rayban, Videocon, Blue Dart, Ceat, Deccan Chronicle, Escorts, Kopran, Nestle, SKF India and Zee Tele.