The Sensex stumbled -54.88 points to close at 18,507.04
and the Nifty shed -14.05 (-0.25%) points to settle at 5,567.05
The Indian indices bystander volatility on the first day of the week and closed the trade in the negative ground. Possibility of US debt default and endless European debt crisis dampened the mood of investors as well as traders globally.
Technology, auto and healthcare stocks directed the cry off. The key indices ended in red for the second day in a row.
In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 5525-5595 and if it breaks the level 5525
then it would be go down and next support would be 5490 and if it breaks the level 5525 then would go higher and next resistance would be 5630 i.e Nifty would vary between broad range of 5490- 5630.
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