Sensex, Nifty set to open lower; Wipro, HDFC Bank, RIL in focus

Global equities continued to tumble further on Thursday as the US market closed with a huge selloff after the Dow index fell over 1,300 points. Following the weak trade in the US, Asian markets are also struggling to find their footing in a volatile trade today. At 7:14 am, the SGX Nifty was trading 60 points or 0.71 percent lower at 8,374, pointing at a weak start for the Sensex and Nifty50.