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Indian markets are expected to trade higher on Wednesday following positive trend seen in other Asian markets. 
The S&P BSE Sensex surged over 400 points in opening trade on Wednesday in step with the upswing in Asian markets, which were trading higher on expectations that China would announce more stimulus measures to support the economy after weak trade data. 

India's Hero Cycles Ltd. has raised 1 billion rupeesselling three bonds, the first one maturing in two years, 10 months and 20 days and the other two maturing in four years and five years respectively, three merchant bankers said on Tuesday.The cycle manufacturing company will offer an annual coupon of 9.20 percent on the three bonds, they added. 

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