Mkt Outlook: More downside in store

Mirroring the trend in the world markets, the Sensex is likely to open lower for yet another day. Early weakness could see the index take a sharp dip. Meaningful support for the index could be seen around 9400 levels.

Near support for the index lies at 9585, and then at 9485. In case of an upmove, the index is likely to face resistance around the 9926 levels. Above which, the index could spurt towards 10,030 levels.