The market is likely to be in check as the global cues were seen volatile amid trade war concerns.

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The SGX Nifty was trading at levels around 10,695, indicating a green opening for the Indian market on Tuesday.

The Asian markets were seen recovering at 07:00 am IST from Monday's lows. Japan's Nikkei was trading 93 points higher, at 21,905 points while Korea's Kospi was trading nearly eight points higher, nearly half a percent, at 2,279 points.

However, the Asian shares dropped in tentative morning trade on Tuesday as sentiment remained fragile in the face of tense trade relations between the United States and major economies, with investors braced for another potentially rocky day for Chinese markets.

Investors, worried the trade row could derail a rare period of synchronized global growth, have pulled out of riskier assets in the past month or so.

The US market closed in the green on Monday with NASDAQ closing nearly a percent higher while the Dow Jones and the S&P 500 (US) closed more than 10 basis points. The indices were pulled up by the tech stocks.

The Indian market on Monday recovered from the day's lows but closed deep in the red, in line with the weak global market sentiment.

The Sensex closed 159 points down at 35,264, with HDFC Bank, Reliance and Lupin at the bottom of the index. The Nifty 50 Index slipped 57 points to close at 10,657, below its 50-day moving average of 10,692 points.

The benchmark 50-stock index hit an intra-day low of 10,605 points and a high of 10,736 points. Financials were top losers, led by the HDFC twins.

First Published:Jul 3, 2018 7:39 AM IST