The broader BSE Mid-Cap and Small-Cap indices followed benchmarks, dropping up to 1.79. Sectorally, BSE metal was the worst hit, losing over 3 per cent, while energy index fell over 2 per cent.Over the past four sessions, the Sensex has lost 796.25 per cent, lower at 38,960. Hence, one should avoid fresh shorting now and should be prepared with potential candidates which may give decent relief moves," he said. All the sectoral indices traded in line with the benchmark index and ended lower.Technical ViewSameet Chavan, Chief Analyst-Technical and Derivatives, Angel Broking, said, "It was certainly not the kind of start for the week, most of the traders would have wished for.Market ViewAccording to analysts, the markets had rough day, as stocks have been finding it difficult to sustain at elevated levels on the back of muted corporate earnings, Bourdon pressure gauge slow monsoon season, continuous corporate defaults and developing concerns of India-US trade disagreements.Besides, fresh geopolitical tensions in the Middle East and concerns over the advancement of monsoon also unnerved market participants.Jagannadham Thunuguntla, Sr."Weak global cues combined with feeble domestic data were weighing on the sentiment from the beginning.35 per cent.02 points or 2 per cent.05.28 points, or 1.15 points, or 1. During the day, the index touched a low of 11,657. The BSE gauge settled 491. VP and Head of Research (Wealth), Centrum Broking, said, "To change the market sentiment, now lot depends on Union Budget of new finance minister though she has to achieve the take-off with short runway of just 30-35 days post assuming her role.75 and a high of 11,844.49 and a high of 39,540. There was sustained selling seen throughout the day and importantly, we could see broad based participation in this decline, which generally does not bode well for the bulls.Similarly, the broader NSE Nifty cracked 151. We have slipped below the key support of 11,779 and extended the correction towards 11,650.15.28 per cent, to close at 11,672.""On hourly chart, we can see a formation of bullish Wolfe Wave pattern and as per the requirement, 161 per cent retracement of the recent up move coincides around 11,630 - 11,610.. Likewise, the NSE gauge slipped over 151 points to close below the 11,700-mark.42. Going ahead, we will not be surprised to see this fall getting arrested around the mentioned support zone.The market on Monday plunged over 491 points, recording on losses for a fourth session in a row, amid investors fearing that Indo-US import tariff tussle might open a new front in global trade war. Markets will welcome if Budget can offer any fiscal respite to stimulate the economy as monetary policy couldnt kindle economy due to lack of transmission. It gradually drifted lower as the day progressed and settled around the days low

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