Pre-market: Markets to open weak ahead of Feb IIP data 10/04/2015

Paring some of the profits booked on Thursday, the Indian benchmark indices are likely to open in red today as investors will remain on the sidelines ahead of the release of February IIP data later today. 

Overnight, the US stocks ended in green after crude oil prices rallied. Meanwhile, Asian markets were trading mixed on Friday ahead of the release of China inflation data. Japan’s Nikkei 225 and Hong Kong’s Hang Seng were trading in red, down by 17 and 25 points, respectively in the early trading session.