Power Breakfast: Weak Cues From Global Markets, SGX Nifty Below 17700, Dow Jones Slips 300 Points

Today there are weak cues from the global market. US markets fell on Friday due to fears of rising interest rates. Dow Jones fell 300 points and Nasdaq 260 points. After the big rally, profit-booking came. Growth stocks showed the most pressure. Today SGX Nifty is also trading down 75 points at the level of 17669.