The Sensex stumbled 310 points to close at 18412 and the Nifty shed 90 points to settle at 5526.
Market was down due to the weak global market US market went down badly on Monday and European market is also trading in red as Investors again started to worry about the worsening debt crisis.
In upcoming trading session there is higher possibility that Nifty Spot manages between narrow range of 5480-5555 and if it breaks the level 5480then it would be go down and next support would be 5410 and if it breaks the level 5555 then would go higher and next resistance would be 5600 i.e. Nifty would vary between broad ranges of 5410–5600.
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