Global cues indicate weakness

A fall in the global markets is likely to have a spill over impact in the opening trades on our markets.

The Sensex is likely to open on a negative note. The index has a near support around 10,025. A drop below 9950 could spell more trouble to the index. In case of an upmove, the index may face resistance around 10,275-10,350 levels.

With just two days remaining for the June derivatives expirty volatility is likely to be the order of the day.