After weak start, Nifty hovering near 7,900 levels
The BSE Mid-cap Index is trading down 0.99% at 10,628, whereas BSE Small-cap Index is trading down 0.75% at 10,882. US indices closed lower with Dow losing 0.69% and S&P falling 0.84%. Nasdaq nosedived by over 1%. OMCs will be in focus after petrol price was cut by Rs.2 and diesel by 50 paise.