In a fight to put control over trading action, bears took over from bulls on Thursday. Growth of existing bearish response on Friday is likely to append their stocks in their support. In contrast, optimistic sentiment on Friday is expected to modify the existing reaction.

The leading tradable stocks on NSE Nifty suffer a slight reshuffle in its succession and factors. RIL recovered the top slot and pushes Infosys to the fourth place. ICICI Bank climbed one position to second and BHEL registered its name on the third place. SBI and RCom exchanged their locations.

L&T skidded to seventh from fourth place, whereas REL maintained ninth position. Tata Steel and TCS filed their name at eight and tenth position correspondingly. But HDFC, Ranbaxy and Satyam Computer have been voted out from the top 10 list. Apart from the three, all other stocks in list are in the downtrend.

Technical analyst, Vishwas Agarwal told that the stock market is not able to cross Sensex 15,555 level advising for the second time that the markets are not in the optimistic zone.

He added that continued increase in worries over US subprime lending crisis led to today’s downfall.

He showed up the first and second support level for Sensex at 14,900 and 14,678 respectively, and advises “Be cautious until global scenario stabilizes.”