Indian benchmark indices Sensex and Nifty are likely to see a weak start on November 7, with cues coming from GIFT Nifty, which was trading lower at around 25,520.

Track the latest updates on GIFT Nifty right here on Moneycontrol .

Market failed to build on the opening hours gains and remained rangebound throughout the session, with final hour selling pressure dragged the Nifty below 25,500 before closing near day's low amid selling across the sectors.

At close, the Sensex was down 148.14 points or 0.18 percent at 83,311.01, and the Nifty was down 87.95 points or 0.34 percent at 25,509.70. BSE Midcap index fell 1.2%, and smallcap index shed 1.5%.

Here is how financial markets across the globe fared overnight:

GIFT Nifty (Down)

The GIFT Nifty is trading lower at around 25,520, indi

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