Pre-market: Sensex to open lower tracking muted global cues: 08.08.2014

The key benchmark indices are likely to open in red today followed muted cues from the Asian markets. In the overnight trading US stocks ended lower, reacting to the strong step taken by Russia that has raised concerns on global growth. In response to Western sanctions imposed over it, Russia has banned imports of food items from the US, as well as vegetables and fruits from the US.