Tata Steel, Maruti, Tata Motors top losers as Sensex trades down
![](https://portfolio.investmentguruindia.com/uploads/news/sensex 2510.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
With last week registering successively lower lows, the ongoing slide appears to gain momentum, setting up environment for a dive into the 19,350-230 region, says Anand James, Chief Market Strategist at Geojit Financial Services.
However, the favoured view does not yet expect a collapse beyond this point, but we would require either a consolidation here, or an outright pull back above the 19,550 region to signal recovery, he said.
Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher said the Nifty once again witnessed a gap down opening with a weak intraday session with crucial support of 19,500 zone sustained as of now and is precariously placed with sentiment maintained with a cautious approach.
The index holding on to 19,500 levels is very crucial and a breach below shall trigger for further intensified selling pressure. The support for the day is seen at 19,400 levels while the resistance is seen at 19,700 levels, Parekh said.
BSE Sensex is down 165 points at 65,231 points on Monday. Tata Steel, Maruti, Tata Motors, Kotak Mahindra Bank, TCS are down more than 1 per cent in trade.
![](https://portfolio.investmentguruindia.com/uploads/news/Manoranjan Sharma, Infomerics Ratings.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Manoranjan Sharma, Infomerics Ratings.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/india22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Manish Chowdhury.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Suman Bannerjee.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/farm22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/karnal22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrey Jain.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Economy.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)
Daily Market Analysis : The markets began the week on a subdued note and ended nearly unchan...
![Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking](https://portfolio.investmentguruindia.com/uploads/news/Broker _26.jpg)
![Mid-Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker](https://portfolio.investmentguruindia.com/uploads/news/Shrey Jain.jpg)
![Nifty closed below its 5-day moving average support line for the first time in the last 30 trading sessions - Tradebulls Securities Pvt Ltd](https://portfolio.investmentguruindia.com/uploads/news/Tradebull Securities.jpg)