Outlook: - Asian markets are trading with mild weakness as - TopicsExpress

Outlook: - Asian markets are trading with mild weakness as investors digest unfavorable data from Japan and apprehensions prevail before US economy growth data release later today. - Volatility will be rife as enter the May series derivatives expiry day. We expect markets to face pressure and test 7250 levels News: - TRENT IN: CCI has approved Tescos purchase of 50% stake in Trent Hypermarket. - LT IN: L&T has informed that its construction arm has won orders worth Rs 24.58bn. - ICRA IN: Moodys has raised open offer price to Rs 2,400 per share from Rs 2,000 earlier for acquiring up to 2.650mn shs of the co. - ABAN IN: Aban Offshore has received Board approval to raise $400 mn through FCCBs, GDRs and other modes. Cos Board also gave nod to raise Rs 25bn through QIBs. bit.ly/1mtin9M

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