- The domestic markets witnessed a flat opening but selling pressure continued as markets drifted lower throughout the day. Increased selling pressure in the afternoon led the markets to close near the day's lows, ending with marginal losses. - Technically, the market breadth remained negative amidst higher volumes, which is a negative sign. The Nifty remains below its 50-day simple moving average and several technical indicators are below their averages, signaling more downside pressure. - Support levels for the Nifty are seen at 5,885, 5,816 and 5,747 while resistance levels are at 5,966, 6,158 and 6,313. The market sentiment remains negative in the near term.