Backed by significant gains in the world markets the Sensex is likely to open higher this morning. However, the market direction will all depend upon RBI quarterly policy review later in the day.Impeding expiry of the July series is likely to addon to the intra-day volatility in the market.On the upside, the index is likely to face resistance around 10,360-10,405-10,450 levels. On the downside, the index has support around 10,070-10,025-9981 levels.According to market analyst Shah, banking, Sterlite, IPCL and Satyam are stocks likely to be in focus today. The Sensex may face resistance around the 10,440 levels, while on the downside the index has a support around 10,150.
