Sensex has support at 17,310 & 17,240:
``Global cues were also weak as slowing growth in China raised questions about the global economic outlook. While realty, metal and Bankex led the losers, FMCG was the only sector to close in the green. While the Sensex fell by 274.1 points or 1.6% to 17,362.9, the Nifty fell to 5,280.4, down 79.1 points or 1.5%. The Sensex has supports at 17,310 and 17,240 and resistances at 17,600 and 17,730. The Nifty has supports at 5,260 and 5,230 and resistances at 5,320 and 5,360.``
In a volatile trade, the Bombay Stock Exchange benchmark Sensex today gave up part of initial gains and was quoted 111 points up at 16,742.02 at 1030 hours, amid firm global cues and negative FII activity.