The Bse Sensex closed at 19400 down 190 points & Nifty closed at 5786 down 60 points

Stay cautious in this rally, says Rajat Bose, technical analyst, on CNBC-TV18. The volatility in the market is not a reason for concern and traders can use it as an opportunity for day-trading to make money, he adds.

European markets were quiet with FTSE in the positive, while the CAC and Dax are both trading flat. Asian markets was mixed bag with the Nikkei and Shanghai both closing in the negative. The market back home continues to see volatility. The Sensex is currently trading at 19490, down 100 points while Nifty is at 5810, down 37 points from the previous close. All the BSE sectorial indices are also trading in the negative. The market breadth continues to be negative with advances at 507 against declines of 667 on the NSE.