The Sensex is at 19,099, down 148 points from the previous close. The BSE 30-share index had touched an intra-day low of 19,019 in trade so far. Nifty is at 5688, down 41 points. BSE Midcap and Smallcap indices are also down marginally. All BSE sectoral indices, except auto and metal, are trading in the negative terrain.

Punj Lloyd has support at Rs 340 and resistance at Rs 540, says Vijay Bhambwani, techncial analyst, on CNBC Awaaz. But once the stock crosses the resistance with good volumes, it will be a start to a new long term uptrend, he says. He suggests holding the stock for the next 4-6 quarters.

Voltas is in an uptrend and has support at Rs 220, says Hormuz Maloo, technical analyst with Geojit Financial Services, on NDTV Profit. The stock can go up to Rs 280-285, if the bullish trend sustains, he adds. It is trading at Rs 232.95, down 1.1% on the BSE.