The markets slipped over 2% in the last leg of trade following heavy selling in front-line IT and banking shares as concerns of global growth slowing down weighed on investor sentiment.

The Nifty opened flat, but wilted under selling pressure soon after. The index cracked the 5,000-mark, and touched a low of 4,932.15 during the last half an hour of trade. The Nifty finally closed near day’s low at 4,944.15, down 112.45 points and the Sensex ended at 16,469.79, down 371.01 points or -2.20 %.

Nifty Futures shut stop at 4931.10 down by -136.65 points or -2.68 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 4925 else above resistance level of 5140 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 5140 & above this level the next resistance is seen near the 5230 mark. 

SUPPORT: It has first support close to the level of 4925 & below this level the next support is seen near 4775 mark. 

In banking, CNX Bank Index lost -351.70 points or -3.53 %. Amongst the banking stocks UCO Bank, United Bank of India and Indian Bank lead the row.

Bank Nifty Futures shut stop at 9552.90 down by -402 points or -4.04 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 9540 else above resistance level of 9990 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 9990 & above this level the next resistance is seen near the 10195 mark. 

SUPPORT: It has first support close to the level of 9540 & below this level the next support is seen near 9275 mark. 

It was a day out in the red on Thursday for several stocks from across various sectors as investors resorted to some heavy selling almost right through the session, tracking global cues.

Worries about the global economy on the back of near term uncertainty in the U.S., lingering concerns about the state of affairs in the euro zone and fears of another rate hike back home despite somewhat easing inflation, all contributed to the sell-off today.

The Sensex, which plunged to 16,433.31, ended the day at 16,469.79 with a big loss of 371.01 points or 2.2%.

The Nifty settled at 4944.15, slightly off the day's low of 4932.15, recording a loss of 112.45 points or 2.22%.

Benchmarks ended in the negative territory but off day's low after institutional investors turned sellers in the last half an hour of trade. Weak cues from Europe, US and concerns of possible rate hike by the RBI pushed bulls on the back foot. India's WPI inflation for the month of July eased slightly to 9.22 percent against 9.44 per cent a month ago. May WPI inflation has been revised upwards to 9.56 per cent vs 9.06 per cent. The inflation level remains stubbornly above the comfort levels. The S&P CNX Nifty closed at 5035.80, down by -37.15 points or -0.73 %.

Nifty Futures shut stop at 5040 down by -39.85 or -0.78 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5000 else above resistance level of 5140 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 5140 & above this level the next resistance is seen near the 5235 mark. 

SUPPORT: It has first support close to the level of 5000 & below this level the next support is seen near 4950 mark. 

In banking, CNX Bank Index lost -124.40 points or 1.19 %. Amongst the banking stocks Dhanlaxmi Bank, Axis Bank and Bank of Baroda lead the row.

Bank Nifty Futures shut stop at 10085 down by -126.30 points or -1.24 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10015 else above resistance level of 10315 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 10315 & above this level the next resistance is seen near the 10525 mark. 

SUPPORT: It has first support close to the level of 10015 & below this level the next support is seen near 9930 mark. 

Erasing early gains, the Bombay Stock Exchange benchmark Sensex fell nearly 109 points on Tuesday as funds sold on fears of hike in interest rate amid high inflation and weak global markets.

The Sensex, which had climbed to 17,035.49 in the morning trade, gaining 187 points, fell back to end with a loss of 108.69 points at 16,730.94 on fears that RBI might hike key interest rates to curb inflation as it remained over 9 per cent for July.

Brokers said the nominal decline in inflation to 9.22 per cent in July, from a 9.44 per cent in June, was not enough to avert fears of further hike in interest rates.

The broad-based National Stock Exchange index Nifty lost 37.15 points to 5,035.80, after climbing to 5,132.20 as stocks in metals, realty, bank and oil and gas sector fell.

Markets declined as investors remained cautious over murky global outlook and expectations that the Reserve Bank of India would continue to hike rates after better than expected industrial output data.

The Nifty opened in the green and touched a high of 5,194.45 tracking firm global cues. The index wilted under selling pressure after the industrial output data came in higher than expected; stoking expectations that RBI may continue with its tightening process. The index made a low of 5,052 in the noon session. The S&P CNX Nifty finally closed at 5,072.95, down 65.35 points.

Nifty Futures shut stop at 5074.50 down by -62.75 or -1.22 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5050 else above resistance level of 5190 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 5190 & above this level the next resistance is seen near the 5240 mark. 

SUPPORT: It has first support close to the level of 5050 & below this level the next support is seen near 4950 mark. 

In banking, CNX Bank Index lost -156.10 points or -1.51 %. Amongst the banking stocks Jammu & Kashmir Bank, Union Bank of India and Allahabad Bank lead the row.

Bank Nifty Futures shut stop at 10179.90 down by -164.15 points or -1.59 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10175 else above resistance level of 10525 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 10525 & above this level the next resistance is seen near the 10790 mark. 

SUPPORT: It has first support close to the level of 10175 & below this level the next support is seen near 9935 mark. 

A strong close on Wall Street overnight and an impressive show by stocks on the Asian bourses set up a buoyant start for Indian stocks Friday morning. However, after the first hour, the market faltered and kept drifting lower following a surprisingly upbeat industrial production data for June raising fears of another rate hike by the central bank.

The sharp surge in food inflation too weighed on sentiment to a significant extent. Ignoring some good report cards from India, investors indulged in some selling right through the day, fearing a significan drop in earnings over the next few quarters due to rising borrowing costs.

According to the data released by the government on friday, India's industrial output, as measured by the IIP, grew by 8.8% in June versus consensus forecast of 5.5-5.7%. The Government also revised May's IIP reading to 5.9%, from 5.6% earlier.

Information technology, bank and realty stocks were among the prominent losers. Several stocks from power and metal sectors too ended notably lower. Oil, capital goods and automobile stocks gave up early gains and ended weak. Select FMCG and healthcare stocks found some support. Midcap and smallcap stocks managed to outperform the market till around mid afternoon but lost their way towards the end of the session. 

The Sensex, which opened with a positive gap of nearly 200 points at 17,246.88 - it remained its high for the day - but plunged to 16,784.56 in afternoon trade, ended the day with a loss of 219.77 points or 1.29% at 16,839.63. The National Stock Exchange's benchmark Nifty closed at 5072.95, nearly 125 points off the day's high of 5194.45, recording a loss of 65.35 points or 1.27%.

Markets ended in the red due to selling pressure in frontline stocks-ICICI Bank, Bharti Airtel and Tata Power, shrugging off firm cues from Europe.

The Nifty opened in the negative and touched a low of 5,128 tracking weak global cues. The index changed lanes and touched a high of 5,184 in the afternoon session following a recovery in Asian indices and rally in European markets. However, selling in select banking and frontline shares dragged the index in the last leg of the trade. The Nifty finally ended at 5,138, down 23 points and the Sensex closed at 17,059, down 71 points.

Nifty Futures shut stop at 5128 down by -30.65 or -0.59 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5118 else above resistance level of 5240 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 5122 & above this level the next resistance is seen near the 5240 mark. 

SUPPORT: It has first support close to the level of 5118 & below this level the next support is seen near 4950 mark. 

In banking, CNX Bank Index lost -124.40 points or 1.19 %. Amongst the banking stocks Dhanlaxmi Bank, Axis Bank and Bank of Baroda lead the row.

Bank Nifty Futures shut stop at 10338.90 down by -119.70 points or 1.14 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10320 else above resistance level of 10525 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 10525 & above this level the next resistance is seen near the 10790 mark. 

SUPPORT: It has first support close to the level of 10320 & below this level the next support is seen near  9930 mark. 

The BSE Sensex  fell 0.4 percent after choppy trading on Thursday after data showed food inflation accelerated in end-July, triggering expectations the Reserve Bank of India (RBI) may continue with its tightening cycle despite global economic uncertainty.

"The stocks stayed in the negative zone as the inflation number was higher than expected. I think the higher inflation is not going to go in a hurry," said Neeraj Dewan, director at Quantum Securities.

However, analysts expect some bargain hunting to come in to the market after the main stock index ended lower for seven out of the last eight sessions. It had fallen 8 percent in the six sessions till Tuesday. 

"We see value buying coming in the sectors linked to domestic consumption story such as FMCG," said Ambareesh Baliga, Chief Operating Officer at Way2Wealth.

In the broader market, 803 declines outnumbered advances on a total volume of 537.7 million shares. 

Selling pressure in oil & gas stocks has taken the markets off the day's high. A declining European market and falling Dow future have dampened sentiments in India. 

The markets had rebounded from yesterday's fall, owing to a recovery in global stocks. The NSE Nifty, after touching a high of 5190 moved sideways for the first half of the day. However, it started to slip in afternoon trades and touched a low of 5118.10 down 71.90 points from the days high. The index is now at 5161 up 88.15 points or 1.74 %.

Nifty Futures shut stop at 5148 up by -64.60 or 1.27 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5118 else above resistance level of 5240 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 5240 & above this level the next resistance is seen near the 5440 mark. 

SUPPORT: It has first support close to the level of 5118 & below this level the next support is seen near 4950 mark. 

In banking, CNX Bank Index gained 10463.20 points or 2.62 %. Amongst the banking stocks South Indian Bank, State Bank of Mysore and Canara Bank lead the row.

Bank Nifty Futures shut stop at 10474 up by 246.80 points or 2.41 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10500 else support level of 10360 it would be in a downward trend. 

RESISTANCE: It has first resistance close to the level of 10500 & above this level the next resistance is seen near the 10790 mark. 

SUPPORT: It has first support close to the level of 10360 & below this level the next support is seen near 9930 mark. 

After six successive days of losses, the market turned positive and ended with strong gains today.

The sharp rebound on Wall Street overnight after the Federal Reserve pledged to keep rates at near-zero levels till mid-2013 buoyed up sentiment across global markets.

The Sensex, which shot up nearly 400 points in early trade, ended at 17,113.35 (provisional) with a gain of 255.44 points or 1.52%.

The Nifty closed at 5159.35, up 87.50 points or 1.7%. 

IT stocks led the charge in morning trades and despite paring some gains later on, ended on a high note.

Automobile stocks rallied on reports of a likely cut in fuel prices.

Realty, consumer durables, bank and capital goods stocks too posted handsome gains.

Power and metal stocks found support as well.

Select pharma stocks moved up. Fertilizer stocks recorded hefty gains. 

Oil and FMCG stocks were subdued in afternoon trade.

Midcap and smallcap stocks had a good outing.

The market breadth was strong.

Volatility ruled the roost today, India's volatility index hit an all-time high of 34.31 as global uncertainty weighed on investor’s mind.

The US markets had crashed in trades on Monday following the S&P downgrade. The Dow Jones Industrial Average slumped 5.5% to 10,810. The NASDAQ plunged almost 7% to 2,358, and the S&P index cracked 6.7% at 1,119. The S&P CNX Nifty 5072.85 down by -45.65 or -0.89 %.

Nifty Futures shut stop at 5083.40 down by -42.80 or -2.83 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 4930 else above resistance level of 5210 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 5210 & above this level the next resistance is seen near the 5560 mark. 

SUPPORT: It has first support close to the level of 4930 & below this level the next support is seen near 4780 mark. 

In banking, CNX Bank Index lost -35.75 points or -0.35 %. Amongst the banking stocks State Bank of Bikaner and Jaipur, Yes Bank and Syndicate Bank lead the row.

Bank Nifty Futures shut stop at 10227.20 down by -15.70 points or -0.15 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 9935 else above resistance level of 10500 it would be in an upward trend.

It is looking bearish in the coming trading session if it manages to trade below the support level of 9935 else above resistance level of 10500 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10500 & above this level the next resistance is seen near the 10790 mark.

SUPPORT: It has first support close to the level of 9935 & below this level the next support is seen near 9710 mark.

The Indian benchmark indices Sensex and Nifty extended their losing streak to a sixth successive day today, but thanks to some hectic short-covering and bargain hunting, ended with far less losses than feared this morning following a big gap down opening and subsequent sharp fall.

The overnight terrible setback on Wall Street following a huge sell-off on the back of Standard & Poor's rating downgrade on U.S. credit, and the resultant plunge in Asian markets set up another disastrous start for Indian stocks. Weak economic data from China too contributed to the bearish sentiment.

However, a statement from Standard & Poor's that there may not be an immediate impact of the downgrade of US credit rating on India and a recovery in some Asian and European markets triggered some strong buying at several front line counters in early afternoon trade.

Though the recovery that lifted the market into positive territory turned short-lived after European markets caved in to pressure amid concerns about the ongoing credit crisis, stocks found some support again during the final hour and significantly cut down their losses by the end of the day.

The Sensex, which went down by over 550 points to around 16,432 following a weak start but rallied to 17,135 around early afternoon, ended the day at 16,857.91 with a loss of 132.27 points or 0.78%. 

The Nifty, which hit a low of 4946.65 and a high of 5167 during the session, settled at 5072.85, netting a loss of 45.65 points or 0.89%. 

Markets recovered partially in late noon trades, but ended lower for the fourth consecutive day following global sell-off on US growth and sovereign debt concerns. The Nifty closed at 5,211, down 120 points and the Sensex ended at 17,336, down 357 points (provisional).

Nifty Futures shut stop at 5220 down by -117.20 or -2.20 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5110 else above resistance level of 5240 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 5240 & above this level the next resistance is seen near the 5440 mark. 

SUPPORT: It has first support close to the level of 5110 & below this level the next support is seen near 5000 mark. 

In banking, CNX Bank Index lost -182.85 points or -1.73 %. Amongst the banking stocks Karnataka Bank, Lakshmi Vilas Bank and Dhanlaxmi Bank lead the row.

Bank Nifty Futures shut stop at 10366 down by -185.95 points or -1.76 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10155 else above resistance level of 10380 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 10380 above this level the next resistance is seen near to the level of 10790.

SUPPORT: It has first support close to the level of 10155 & below this level the next support is seen near 10030 marks.

Markets ended in the negative after swinging between gains and losses due to selling in index heavyweights-ITC, Mahindra & Mahindra and Reliance Industries; also concerns over slowing global growth weighed. The S&P CNX Nifty opened in the green and touched a high of 5,434 in the morning session. The index was choppy for a brief period before giving into selling pressure in the afternoon trades as investors fretted over the impact of slowing growth in the United States and a series of rate hikes by the Reserve Bank of India. The Nifty closed near day's low, at 5,332, down 73 points and the benchmark Sensex ended at 17,693, down 247 points.

Nifty Futures shut stop at 5339.80 down by -84.60 or -1.56 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5325 else above resistance level of 5440 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 5440 & above this level the next resistance is seen near the 5500 mark. 

SUPPORT: It has first support close to the level of 5325 & below this level the next support is seen near 5255 mark. 

In banking, CNX Bank Index lost -50.80 points or 0.47 %. Amongst the banking index Lakshmi Vilas Bank, Axis Bank and Andhra Bank lead the row.

Bank Nifty Futures shut stop at 10532 down by 154.50 points or 1.44 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10525 else above resistance level of 10790 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 10790 above this level the next resistance is seen near to the level of 10920.

SUPPORT: It has first support close to the level of 10525 & below this level the next support is seen near 10445 marks.

As a severe bout of selling pressure engulfed the market in late afternoon trade amid worries about a likely fall in earnings due to high interest rates, stocks from across various sectors tumbled and dragged the benchmark indices Sensex and Nifty down to a highly negative close on Thursday.

The start was a bit shaky this morning, but stocks soon rallied higher with bargain hunting after recent heavy losses aiding their surge. However, after a brief spell in positive territory, the market turned easy and then kept sliding lower and lower as the session progressed.

According to the data released by the government today, food price index rose 8.04% and the fuel price index climbed 12.12% in the year to 23 July 2011. In the previous week, annual food and fuel inflation stood at 7.33% and 12.12%, respectively. The primary articles price index was up 10.99%, compared with an annual rise of 10.49% a week earlier.

The Sensex, which plunged to 17,664.73, hitting a six-week low in the process, ended the day at 17,693.18, recording a loss of 247.37 points or 1.38%. The Nifty closed at 5331.80, slightly off the day's low of 5323.15, netting a loss of 73 points or 1.35%.

In banking, CNX Bank Index lost -50.80 points or 0.47 %. Amongst the banking index Lakshmi Vilas Bank, Axis Bank and Andhra Bank lead the row.

Bank Nifty Futures shut stop at 10776.75 down by -66.65 points or -1.27 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10575 else above resistance level of 10730 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 10730 above this level the next resistance is seen near to the level of 10920.

SUPPORT: It has first support close to the level of 10575 & below this level the next support is seen near 10445 marks.

Amid mounting worries about the global economy on the back of some weak data from the U.S., and parts of Asia and Europe, and on concerns about the impact of high interest rates on economic growth and corporate earnings in the country, investors went on a selling spree this morning, tracking cues from its Asian peers.

After a weak start and a subsequent sharp fall in morning trades, the market did manage a couple of smart rallies as the session progressed but still ended the day on a highly negative note with key stocks from capital goods, automobile and information technology sectors posting notable losses.

Pharmaceuticals and bank stocks too mostly ended weak. Realty stocks Realty stocks started off on a dismal note but regained some lost ground in late afternoon trade to end well off their lows. Metal stocks too recovered after a weak start. Oil, power and FMCG stocks closed mixed.

The Sensex, which plunged to 17,859.60 a little past noon, ended the day at 17,940.55, recording a loss of 169.34 points or 0.94%, while the Nifty closed at 5404.80, off the day's low of 5378.85 with a loss of 51.75 points or 0.95%.

The markets ended with significant losses on the back of weakness in metal and realty stocks. Taking a heavy beating, the BSE Sensex ended at 18,110, down 204 points and the S&P CNX Nifty ended at 5,457, down 59 points. 

Nifty Futures shut stop at 5466.50 down by -66.45 or -1.20 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5430 else above resistance level of 5500 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 5500 & above this level the next resistance is seen near the 5560 mark. 

SUPPORT: It has first support close to the level of 5430 & below this level the next support is seen near 5330 mark. 

In banking, CNX Bank Index lost -195.70 points or 1.79 %. Amongst the banking index Canara Bank, Central Bank and Federal Bank lead the row.

Bank Nifty Futures shut stop at 10776.75 down by -66.65 points or -1.27 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10740 else above resistance level of 10920 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 10920 above this level the next resistance is seen near to the level of 11075.

SUPPORT: It has first support close to the level of 10740 & below this level the next support is seen near 10610 marks.

After posting fairly strong gains on Monday on the back of the U.S. government deciding to hike debt limit to avoid a potential default, Asian markets turned weak on Tuesday as worries about slowing economy resurfaced and triggered a sell-off. The mood, quite naturally, was bearish when the Indian market opened for trading this morning.

With investors staying cautious and pressing sales till the end of the session, several blue chip stocks across various sectors closed with notable losses, pushing the benchmark indices Sensex and Nifty down by over 200 points and 60 points respectively.

While the Sensex, which plunged to 18,037.87, ended the day with a loss of 204.44 points or 1.12% at 18,109.89, the Nifty closed at 5456.55, around 23 points off the day's low, netting a loss of 60.25 points or 1.09%.

The markets today reversed its four-day losing streak. The Nifty touched a high of 5557.10 - up over 60 points - in early trades on the back of positive news flow from the overseas. US President, Barack Obama announced a framework debt-limit deal ahead of Tuesday's deadline. This will raise the US borrowing limit and help avoid a default.

Nifty Futures shut stop at 5528.55 up by 40.50 or 0.74 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5590 else below support level of 5440 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5590 & above this level the next resistance is seen near the 5710 mark.

SUPPORT: It has first support close to the level of 5440 & below this level the next support is seen near 5330 mark.

In banking, CNX Bank Index gained 45.35 points or 0.42 %. Amongst the banking index ING Vysya Bank, Kotak Mahindra Bank and Jammu & Kashmir Bank lead the row.

Bank Nifty Futures shut stop at 10940 up by 29.20 points or 0.27 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11130 else below support level of 5440 it would be in a downward trend. 

RESISTANCE: It has first resistance close to the level of 11130 above this level the next resistance is seen near to the level of 11500.

SUPPORT: It has first support close to the level of 10900 & below this level the next support is seen near 10760 marks.

Though worries about the U.S. economy eased to an extent following the development on the debt limit issue, the mood back home was quite cautious for a better part of the later half of the session as investors appeared concerned about the impact of the latest hike in rates on growth and future corporate earnings. Heavy selling in the metal space on the back of weak economic data from China and allegations of illegal iron-ore mining in Karnataka contributed to the market's fall from higher levels.

The Sensex, which opened with a positive gap of over 150 points at 18,352.23 and spurted to 18,440.07 in a flash, ended the day at 18,314.33, nearly 100 points off the day's low, recording a gain of 117.13 points or 0.64%.

The Nifty settled at 5516.80, recording a gain of 34.80 points or 0.63% for the day. It touched a high of 5551.90 and a low of 5486.45 during the session.