MARKET LIVE: Dull start likely on mixed global cues; SGX Nifty down 40pts

Markets are likely to start trade in a narrow range amid volatile global sentiments ahead of the US Federal Reserve’s rate action trajectory. As of 8:05 AM, the SGX Nifty Futures quoted at 16,585 levels, indicating a downside of 46 odd-points on the Nifty50.

Globally, the US markets were mixed on Monday as Dow Jones and S&P 500 advanced 0.3 per cent and 0.1 per cent,…