Indian markets are expected to open lower following weak global cues as US markets ended in the red while Asian markets also traded in the negative territory.
Trends on SGX Nifty indicate a gap down opening for the index in India with a 101 points loss.
Sensex closed 595 points, or 1.88 percent, higher at 32,200.59 while Nifty settled 175 points, or 1.88 percent, up at 9,490.10 on May 27. Broader markets slightly underperformed as the BSE Midcap and Smallcap indices rose 1.34 percent and 1.42 percent, respectively.
The overall market capitalisation of BSE-listed firms jumped to Rs 125.5 lakh crore on May 28 from Rs 123.6 lakh crore on May 27, making investors richer by Rs 1.9 lakh crore in a single day.
REGARDS TEAM STREETGAINS