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. Click here to know more.
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