**Moneycontrol News**

The Nifty50 is expected to open flat on Monday following muted trend is seen in other Asian markets and weak handover from Wall Street. The index closed 116 points lower at 9,998 on Friday.

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 39 points or 0.39 percent. Nifty futures were trading around 10,033-level on the Singaporean Exchange.

Wall Street tumbled on Friday with more than 1,000 points knocked off the Dow in two days as investors, increasingly nervous about a potential US trade war with China, shied away from risk ahead of the weekend and sought shelter from further losses, Reuters reported.

The Dow Jones Industrial Average fell 424.69 points, or 1.77 percent, to 23,533.2, the S&P 500 lost 55.43 points, or 2.10 percent, to 2,588.26 after hitting an intraday low that was barely above its 200-day moving average of 2585.22.

Asian markets traded lower on Monday, following a global sell-off late last week amid fears that rising tensions between the United States and China could lead to a full-blown trade war, CNBC reported.

In Japan, the Nikkei 225 fell 1.02 percent in early morning trade. The Topix index was down 0.83 percent. Across the Korean Strait, the Kospi fell 0.41 percent.