MARKET LIVE: Weak open likely for Sensex, Nifty as global stocks decline
At 7:30 am, the SGX Nifty futures were 70-odd points lower at 18,750 levels.
The Dow slipped 1.4 per cent, the S&P 500 1.79 per cent and the Nasdaq 1.93 per cent.
In Asia too, the Hang Seng index fell 0.48 per cent in early trade this morning. The Shanghai Composite in mainland China, and Strait times slipped up to 0.4 per cent. Nikkei held marginal gains.
Besides, investors will track the Reserve Bank of Australia’s policy decision today. It is expected to deliver a 25 bps rate hike.
Among stocks, Bajaj Consumer will be in focus as its board will consider a share buyback proposal on December 9.