Market seen opening soft; March inflation data eyed.The government will unveil data on inflation based on the wholesale price index (WPI) for March 2012 today, 16 April 2012. WPI inflation stood at 6.95% (provisional) for the month of February 2012.

Coal India may decline on reports the UK-based hedge fund The Children's Investment Fund (TCI) would initiate a legal action against state-run Coal India within a week for failing to protect the interest of minority shareholders.

Aviation stocks may advance after state-run oil marketing firms on Sunday slashed jet fuel prices by a marginal Rs 170 per kilolitre (kl).

Foreign institutional investors (FIIs) bought shares worth Rs 137.25 crore on Friday, 13 April 2012, as per provisional data from the stock exchanges.

Key benchmark indices fell to their lowest level in two weeks on Friday, 13 April 2012, as weak Q4 earnings by IT bellwether Infosys and subdued European stocks dampened sentiment. The BSE Sensex was down 238.11 points or 1.37% to 17,094.51, its lowest closing level since 29 March 2012.

Asian markets edged lower on Monday on renewed concerns about Europe's debt crisis. Key benchmark indices in China, Japan, Indonesia, Singapore, South Korea, Hong Kong and Taiwan were down by between 0.03% to 1.45%.

U.S. stocks fell sharply Friday, 13 April 2012 after disappointing economic data from China and rising borrowing costs in Spain damped sentiment. Concerns that Europe's debt crisis was flaring up again added to selling pressure. The Dow Jones Industrial Average declined 136.99 points, or 1.05%, to 12849.59, while the S&P 500 lost 17.31 points, or 1.25%, to 1370.26. The Nasdaq Composite shed 44.22 points, or 1.45%, to 3011.33.