AHMEDABAD, 7 NOVEMBER: Asian markets opened in the red zone for the second consecutive session with negative overnight cues. U.S. equity index futures are trading with the flat note, however Wall Street ended sharply lower during the previous session, as market resumed selling artificial intelligence-linked shares amid renewed worries about stretched valuations.

Indian Equities Pre Open Update: Indian equities expected to open with a cautious move amid the weak global cues.

Dow Future (US):46983, +69.0 points/ +0.15%
Nasdaq Future (US):25148, +18.0 points/ +0.07%
US Small Cap 2000 Future (US):2422, +3.5 points/ +0.14%
FTSE Future (UK):9742, -11.0 points/ -0.11%
DAX Future (Germany):23794, -13.0 points/ -0.05%
Hang Seng Future (Hong Kong): 26334, -199.0 points/ -0.75%
Taiex Future (Taiwan):27752, -282.0 points/ -1.02%
KOSPI (South Korea):3976, -50.0 points/ -1.25%
Nikkei Index (Japan): 49958, -925.0 points/ -1.82%
Gift Nifty: (India)25510, -117.0 points/ -0.46% (Adjusted)

U.S. Market Previous Closing

Dow (US):      46914, -397.0 points/ -0.84%

Nasdaq (US): 23054, -446.0 points/ -1.90%

Sectors to Watch: Consumer staple and Selective Healthcare stocks expected to remain on focus while Metal and Auto stocks expected to remain resistive during the day.

Technical Levels: Nifty Near Future

Support:25460.0/25408.0
Resistance:25654.0/25706.0

Technical Levels: Bank Nifty Near Future

Support:57566.0/57492.0
Resistance:58012.0/58099.0