NIFTY expected to open lower amid weak global market

Indian market likely to open lower as indicated by the Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index on Tuesday. The Indian benchmarks ended the first trading session of the new financial year with a gain on Monday as bulls took control by regaining 10,200 mark.

In the global front, Asian market trading lower today taking cues from the overnight U.S. market which closed lower on Monday. The Global markets crashed today on trade war fears after china imposed extra tariff on U.S. products, deepening a dispute between the world’s two biggest economies.