Sensex and Nifty50 likely to open lower today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start Monday's session with minor cuts, amid a largely weak trend across global markets as nervousness persists about steep hikes in COVID-era interest rates and slowing global growth. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — fell as much as 50 points or 0.3 percent to 17,547.5 ahead of the opening bell on Dalal Street.