Sensex likely to open higher

Following yesterday's smart recovery the Sensex is likely to open higher today on the back of follow-up buying. However, the upmove could meet stiff resistance around the 12,090-12,165 levels.

On the downside, the index could find support around 11,654-11,500 levels.

Aplab, Bongaigaon Refinery, Eveready, Honda Siel, Asian Electronics, Everest Kanto and Lupin are scheduled to announce their earnings today.