The global cues not all encouraging, and an extended weekend, buyers are likely to remain on the sidelines for most of the trading day today. Which in result, could see the index drift lower as the day progresses.
If the Sensex remains below the 8,960 level for most of the day, then the index is likely to test 8,725 today. On the upside, the index is likely to face resistance around 9,095-9,125.
The NSE Nifty is likely to face resistance around 2,800-2,805-2,810, while support on the downside will be around 2,775-2,770-2,765.
