The Nifty is likely to open in red with the SGX Nifty trading at 7923.00, down 33.00 points at 7:46. The market is likely to be pulled lower by weak global cues.
The Sensex ended down 51.56 points or 0.2 percent at 26117.85 and the Nifty slipped 23.55 points or 0.3 percent at 7931.35.
US market ended lower, with selling accelerating in late afternoon trade after oil prices broke below USD 40 a barrel. Asia too started the day on a weak note.
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