“Indian Indices are expected to open on a flattish to positive note as per the trends shown on SGX Nifty. Yesterday, due to Yellen’s comment there was a sell-off seen in the US markets and now RBI’s Governor is expected to make an unscheduled speech at 10 AM, so we have to keep a close watch on his comments too. Any major disappointment in his speech may lead to selling in the market. Some stock specific actions can be witnessed in the stocks such as Adani Green, Tata Steel, SRF, Adani Enterprises, Deepak Nitrite, Ceat, Shalby etc. as these company’s Q4 results would be announced today. 14,200 is a crucial support level for Nifty 50,” said Mohit Nigam, Head, PMS, Hem Securities.