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. 

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. 

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. 

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. 

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. 

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. 

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. 

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. 

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. 

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.

Markets ended on a flat note after swinging between gains and losses through the day as concerns over US debt deal deadlock and losses in heavyweight Reliance Industries weighed. The Spot Nifty is now at 5482 – down -5.75 points or -0.10 %.

Nifty Futures shut stop at 5490.55 down by -8.15 or -0.15 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5440 else above resistance level of 5530 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 5530 & 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.

Markets continued to reel under pressure in the afternoon session following weak cues from Europe as nervousness prevailed over disagreement on US debt ceiling. The Spot Nifty is now at 5574.85 – down 105.45 points or -1.86 %.

Nifty Futures shut stop at 5487.75 down by -58.05 or -1.06 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5440 else above resistance level of 5590 it would be in an upward 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.

Indian markets ended sharply lower as higher-than-expected hike in key interest rates by the Reserve Bank of India spooked sentiments. Rate sensitive were beaten down badly on concerns that rising interest rate would impact business adversely. The Spot Nifty is now at 5574.85 – down 105.45 points or -1.86 %.

Nifty Futures shut stop at 5577.30 down by -113.35 or -1.99 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5555 else above resistance level of 5710 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 5710 & above this level the next resistance is seen near the 5790 mark.

SUPPORT: It has first support close to the level of 5555 & below this level the next support is seen near 5490 mark.

Markets moved up further in late-noon trades as index heavyweight, Reliance saw heavy buying. The Spot Nifty after languishing near the dotted line for most part of the day, surged 46.35 points to a high of 5680.30. The index is now at 5680.30 - up 46.35 points or 0.75 %.

Nifty Futures shut stop at 5687.70 up by 42.15 or 0.75 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5790 else below support level of 5610 it would be in a downward trend. 

RESISTANCE: It has first resistance close to the level of 5790 & above this level the next resistance is seen near the 5900 mark. 

SUPPORT: It has first support close to the level of 5610 & below this level the next support is seen near 5490 mark. 

Markets ended on an upbeat note following positive news of Greece bail out by European Union and gains in banking shares after Axis Bank reported upbeat results. The index finally ended up 92.35 points. Nifty ended at 5633.95 up 92.35 points.

Nifty Futures shut stop at 56445.55 up by 101.35 or 1.83 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5670 else below support level of 5570 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5670 & above this level the next resistance is seen near the 5790 mark.

SUPPORT: It has first support close to the level of 5570 & below this level the next support is seen near 5490 mark.

Nifty Futures shut stop at 5547.05 down by -22.50 or -0.40 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5490 else above resistance level of 5590 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 5590 & above this level the next resistance is seen near the 5670 mark.

SUPPORT: It has first support close to the level of 5490 & below this level the next support is seen near 5440 mark.

Markets erased all the morning gains, in spite of firm cues from global peers. NIFTY extended losses in late noon trades and touched a low of 5555.10 down 92.25 from the day's high. The index finally ended down -46.50 points at. Nifty ended at 5,567.05 - down 46.50 points. Heavyweights were weak in trades today.

Nifty Futures shut stop at 5565.90 down by 58.40 or -1.04 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5545 else above resistance level of 5670 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 5670 & above this level the next resistance is seen near the 5760 mark. 

SUPPORT: It has first support close to the level of 5545 & below this level the next support is seen near 5440 mark.