Nifty index closed at 5168.85 with the loss of -115.35 or -2.18%. The Nifty Sept future finally settles at with a loss 125.10 pts or -2.16% below at 5191.75 and decreased 108100 shares in the open interest. The Nifty future turned to the premium of 22.90 from 32.65 where as cost of carry is 4.97% vs.4.90%. Nifty future has closed at 5316.85 and now next logical resistance is at 5440 and 5335 levels, and good support near 5080 and 4970 levels. 

Bank Nifty index closed at 9292.55 with the loss of 543.80 pts or -5.53%. The Bank Nifty Aug future finally settles at loss of 561.60 pts or -5.68% below at 9320.00 and decreased 236675 shares in the open interest. The Bank Nifty future came to a discount of 72.55 from premium of 45.25 earlier, whereas cost of carry is - 2.81 vs 6.85. Bank Nifty future has closed at 9320.00 and now next logical resistance is at 9950 and 10320 levels, and good support near 9180 and 8630 levels.