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Pre-market: Weak opening on the cards

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Rex Cano Mumbai

The Sensex is likely to open in the negative territory on the back of weak cues from the global markets. Asian markets across are down around 2-3% each.

The Sensex, which, exhibited lacklustre movement yesterday is likely to face stiff resistance around yesterday's high for the remainder of the week. On the downside, major support lies around 9,035. The index may gyrate between 9,035 - 9,145 for most of the trading day today.

In case of a late recovery, the Sensex will gain strength above 9,275.

The Nifty is likely to test its weekly support band of 2,725 - 2,765 today. Bullish trigger for the day will at 2,830.

 

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First Published: Jan 20 2009 | 9:23 AM IST

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