Today, India markets may open the session on a pessimistic note tracking weak global cues. The SGX Nifty is indicating that the Nifty could open with a loss of 18 points around 10,216 at the opening bell. Traders will keep an eye on the 200-SMA on the daily chart of Nifty, which it is placed around the level of 10,158. In the last instance, we saw Nifty bouncing back from its 200-SMA, so this will be a crucial level to watch out for in today’s trade.