Pre Session: Sensex seen opening flat on mixed global cues; CPI, IIP data eyed 12/05/2015

Taking some breather after strong rally in the last two trading session, the Indian benchmarks may open on flat note with positive bias on Tuesday following muted trend seen in other Asian markets. The flat opening of Nifty India stock futures in Singapore further validates the muted opening for the Indian equities. 

The investors will keep an eye on key macro data lined up today which will gauge the health of the Asia’s third largest economy. The government will unveil data on inflation based on the consumer price index (CPI) for April 2015 later today.