Sensex, Nifty likely to open negative; Jet Airways, Tata Motors, RCom in focus

Indian shares are set to open negative on Monday after global markets saw dumping of shares amid growing concerns about an impending US recession. Derivative expiry coupled with key macro-economic data points and direction of foreign fund flow will affect the Indian equity market's trajectory during the upcoming week.

At 07:15 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.56 percent at 11,406, indicating a negative start for the Sensex and the Nifty.

Stocks in focus: Jet Airways, Tata Motors, RCom.