Indian Markets could open lower following weak cues from China.Nifty has support at 4640.00 and has resistance at 4730.Sensex yesterday closed 11 points or 0.07 percent higher at 15,781. The Nifty gained 7 points or 0.16 percent to close at 4,688.Indian rupee has opened at Rs 48.83 per dollar.MTNL stock could be in focus after Telecom Ministry says BSNL, MTNL to match private sector winning bid in Delhi, Mumbai.Voltas likely to bag orders.

Asian Markets are trading mixed with Japanese Nikkei stock market trading higher ,up 0.51 percent up 53.03 points to 10,527.00.Seoul’s Kospi gained 0.57 percent up 9.10 points to 1,608.43.Samsung Electronics gained 2.0 percent after Dell reported better than expected earnings.Hang Seng Index up 0.06 percent up 11.76 points to 20,254.51.Shanghai Composite Index down 2.47 percent down 72.73 points to 2,873.67.S&P/ASX 200 index of Australian shares gained 0.64 percent.

US Markets ended flat with 30-stock Dow Jones industrial average gained for an eighth straight session and was up 0.39 percent,up 37.11 points to 9580.63. The broad Standard & Poor's 500 index was up 2.86 points, up 0.28 percent, to 1030.98.Nasdaq composite index gained 3.30 points,up 0.16 percent, to 2027.73.

U.S. light crude oil for October delivery rose $1.06 to settle at $72.49 a barrel on the New York Mercantile Exchange.COMEX gold for December delivery rose $2 to $947 an ounce.