The headline indices Sensex and Nifty are likely to open on a tepid note in Monday's(August 26) session. At around 8:18 am, GIFT Nifty futures, an early indicator of the Nifty50 index, was down 0.04 per cent at 25,032.5 indicating a positive opening on the D-Street. 

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The sentiment turns weak as most most Asian counterparts also turned negative, as Canda joined the US and Europe in levying steep import tariffs on the country's electric vehicle sector.

Also, there was caution ahead of the crucial earnings number from the semiconductor giant Nvidia Corporation later in the week.

Global markets weak

In the previous session, the US markets ended mixed, with the Dow Jones Industrial Average ending at a record high, while the S&P 500 ended below the record high, down 0.3 per cent and the tech-heavy Nasdaq fell 0.8 per cent.

 

 

MSCI's broadest index of Asia Pacific shares outside Japan down 0.44 per cent.

Japan's Nikkei 225 traded lower by 0.14 per cent

Hong Kong's Hang Seng is down 0.13 per cent.