Sensex, Nifty Likely To Have A Gap-Down Opening On Weak Global Cues

The domestic stock markets are likely to open in the red in line with negative global cues. Trends on SGX Nifty indicate a gap-down opening for the Nifty, with a 216-points loss. At 7:30 am, the Nifty futures were trading at 15,305, lower by 216 points or 1.6 per cent, on the Singapore Stock Exchange.