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Nifty below 5,000 in opening trades

The Sensex has opened weak this morning following subdued cues from its Asian peers. The Sensex opened at 16,827 and is now down 114 points at 16,744. - Markets down in early trades - Tech view: Markets likely to open weak - Downside breakout could test 4,800 - Markets at a glance - Downside breakout could test 4,800 - BSE Capital Goods index slumps 7% this week The Nifty is down 37 points at 4,998. Asian markets are in red in morning trades. The Hang Seng has dropped 239 points (1%) to 20,486. The Nikkei has slipped 127 points (1.2%) to 10,463.

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