Given the current market conditions in Asian region, the Indian markets are also likely to open with a downward gap of more than 2 per cent.

After opening, this market is likely to lose some more weight. The Nifty in its southward direction gets a minor support at 2560 which is likely to be breached on an intra-day basis.

While market might remain weak in its first half of the trading session today, it may see a short-covering rally but that rally might again be sold into.

The most important sector to watch would be closing levels of the Nifty. If it closes below 2460, then it might breach October 27 lows with much ease.