SGX Nifty is at 15,683.50 levels, lower 31.50 points. (Updated at 7:45 AM)
The Nifty had another superb day closing at new lifetime highs as the index hit 15700.
Bank Nifty was the star as large-cap banks led by SBI, HDFC & Axis led the gainers as the index approached 36000.
Mid-caps also saw gains as auto, cement & media stocks surged.
For today expect the RBI to be status quo on the policy as it leaves rates unchanged.
US Market: US markets closed in the red as Dow Jones recovers from a fall of over 300 points intraday to close down 25 while Nasdaq sees deeper cuts falling 140 points.
US$ sees rebound as strong support emerges close to 89.
Bond yields fall to 1.59% while oil prices also see some moderation.
Asian Market: Asian markets opened in the red led by the Japanese Nikkei which traded lower by over 250 points in early trade.
The South Korean Kospi & the Taiwan markets also saw selling pressure as they headed lower by nearly 1%.
Chinese stocks have been seeing profit booking after the sharp rally last week & could see further profit booking as we head into the weekend.