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Pre-market: Weak opening in the offing

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Our Web Bureau Mumbai
The Sensex is likely to open on a weak note following in weakness in global markets.

On the upside, the index is likely to face resistance around 10,905-10,940 levels. On the downside, the index could find support around 10,810-10,780.

According to market analyst Shah, the Sensex may move in the range of 10,750 to 10,940. One may see stock specific action in Wipro, ACC and select FMCG stocks.

However, he adds that the rising crude oil prices is a concern.

 

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First Published: Jul 14 2006 | 9:13 AM IST

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