The S&P BSE Sensex on Tuesday fell over 200 points to slip below
its crucial 28,000 level, while the broader Nifty50 went below its key
8,650 mark.
The headline indices declined tracking muted trend seen in Asian markets after the US worker productivity fell for the third straight quarter in June.
At 10:21 am, the 30-share index was trading at 27,897, down 187.37 points, while broad-based 50-share index was quoting 8,611, down 66.50 points.
"We expect the Nifty to find a strong support around 8,640-8,610 levels; whereas, 8,700-8,730 would be seen a resistance zone," said Angel Broking in a research note
The headline indices declined tracking muted trend seen in Asian markets after the US worker productivity fell for the third straight quarter in June.
At 10:21 am, the 30-share index was trading at 27,897, down 187.37 points, while broad-based 50-share index was quoting 8,611, down 66.50 points.
"We expect the Nifty to find a strong support around 8,640-8,610 levels; whereas, 8,700-8,730 would be seen a resistance zone," said Angel Broking in a research note
