The Indian stock market is likely to open lower on Tuesday in line with weak global cues. Asian markets were trading lower as US peers ended lower overnight. Japan's Nikkei tanked 998 pts to 49,325 and Hang Seng fell 368 pts to 26,000.

US' Dow Jones ended 558 pts lower at 46,590 and Nasdaq slipped 192 pts to 22,708. Advertisement

Nifty futures traded 40 points, or 0.16 per cent lower at 25,990, hinting at a negative start for the domestic market.

Ponmudi R, CEO - Enrich Money, a SEBI - registered online trading and wealth tech firm said, "Nifty 50 is set for a cautious start and may witness mild selling pressure at the open amidst the risk-on mood in global equities. However, the index is likely to find support in the 25,930–25,850 zone, a region that has consistently attracted buyers

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