Markets End Choppy Session in Red

Markets ended choppy session of trade on a soft note led by selling pressure in IT stocks. Investors continued to remain cautious ahead of industrial output data releasing on Wednesday, earnings season kick starting on Thursday and Inflation data on Friday. Nifty was very volatile throughout the day swinging between gains and losses. The S&P CNX Nifty moved in 145 points range, it opened in the green, surged to 5843 and erased all gains in the last leg of trade due to panic selling as technical charts turned bearish, dragging Nifty down to 5698. The Nifty bounced back from the immediate support of 5690 and ended at 5754, down 9 points. The Sensex closed at 19,196, down 28 points.  Other Asian markets ended on a mixed note, Japan's Nikkei Stock Average dropped 0.4 per cent as exporters were hit by rising Yen. South Korea's Kospi Index was up 0.3 per cent, China's Shanghai Composite gained 0.4 per cent and Hong Kong's Hang Seng Index ended higher by 1 per cent.