The BSE Sensex, on Thursday (July 10), marked its closure at 13,926.24, down 38.02 points, after touching a high of 14,047.43 and a low of 13,763.94, while the broad-based NSE Nifty ended the day at 4,162.20, up 5.10 points, after hitting an high of 4,187.95 and a low of 4,110.40.

On global front, Asian stocks performed mixed, while European shares fell led by banks and retailers.

The overall breadth of the market was positive as it experienced 1,453 advancements and 1,162 declinations on Thursday.

Technical analyst, Vishwas Agarwal said, “Political crisis is a burning issue as media channels giving different views on confidence motion about both in favor and against.”

According to him, the Indian shares are likely to be range bound today (July 11) with negative bias and can see volatility as Infosys Technologies will declare its quarterly result today and Inflation and IIP figures are also projected to be out by noon.

As Agarwal said previously, July will be a buck making month and it looks that various stocks will go up and will give arbitrage chances to both investors as well as traders.

On the other hand, Asian markets turned down during the starting session of trade today (July 11), on worry that credit- market losses will diminish the bank earnings. Energy stocks moved on following a rally in the oil and metal prices.