Sensex has resistance at 16,050 & 16,200:
``The Bankex on the Sensex crashed by 3.1%. All sectoral indices, barring capital goods, ended in the red on the Sensex. The Sensex fell 286.6 points or 1.8% to 15,864.9 while the Nifty fell 4,772.1, down 77.4 points or 1.6%.The Sensex has supports at 15,750 and 15,660 and resistances at 16,050 and 16,200. The Nifty has supports at 4,730 and 4,690 and resistances at 4,830 and 4,870.``
``The Indian market is expected to open gap down following panic selling across US and Asian markets. The Sensex has supports at 16,630 and 16,210 and resistances at 17,080 and 17,230. The Nifty has supports at 4,950 and 4,930 and resistances at 5,100 and 5,140,`` said stock broker ICICI Securities while commenting on the market outlook.