Indian shares are likely to open lower after US President Donald Trump said he intends to end India's preferential trade treatment under the GSP program.

Asian shares also fell after China cut its economic growth target.

Stocks in focus: Reliance Industries, ICICI Bank, Jet Airways. Click here to read more.

At 07:06 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.22 percent at 10,823.50, indicating a weak start for the Sensex and the Nifty.

Disclaimer: RIL, the promoter of Reliance Jio, also controls Network18, the parent company



About MarketBuzz

The CNBCTV18.com podcast on the big themes, vital news and key events that you should know before the opening bell, powered by CNBC-TV18 anchors.

MarketBuzz is your daily morning briefing by CNBC-TV18 research analysts and anchors Sonia Shenoy, Ekta Batra, Anisha Jain, Nigel D’Souza and Mangalam Maloo to jumpstart your stock market investing.

Subscribe to our free podcasts on Audioboom or listen on the featured podcast page on CNBCTV18.com.

Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!