The market is expected to open lower taking cues from weak global markets, according to SMC Global.
''Most of the Asian stocks fell today as investors feared fresh rate cuts in China would not be enough to stabilize its cooling economy or halt a collapse in its stock markets.
Overnight, US stocks ended lower after staging a smart rally as concerns about China's economy outweighed lower valuations that some earlier saw as bargains.
As per provisional figures, foreign institutional investors (FIIs)/ Foreign Portfolio Investors (FPIs) sold shares worth net Rs 20.80 billion on Aug.25, 2015. Domestic institutional investors bought shares worth Rs 19.63 billion on that day.''
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