mumbai frontline stocks gave up initial gains after starting on a firm footing as investors sold for profits however midcaps and smallcaps held onto gains technology stocks edged higher but banking counters witnessed profit bookingat 1015 am bombay stock exchanges sensex was down 82 points or 061 per cent at 1343679 after opening at a high of 1362074national stock exchanges nifty fell 052 per cent or 21 points to 405360 the index rose to a high of 411670 in the first few minutes of tradevolatility can be the order of the day an intraday upside seems like a formality could come in above the 4075 level while significant resistance at higher levels 4201 would limit the upside the outlook has turned negative again while resistance comes in at the 4633 level and support comes in at the 3780 said asit c mehta research firmbiggest sensex gainers were infosys technologies 427 ongc 297 satyam computer 257 tata motors 216 wipro 139 and jaiprakash associates 12ranbaxy laboratories 811 icici bank 487 sterlite industries 308 state bank of india 279 and itc 27 were the losersmeanwhile asian markets started off on an upbeat note cheering wall streets gains however regional indices shaved off its gains as profit booking set in the nikkei was up 1 per cent while hang seng shed 026 per cent and straits times edged 024 per cent lowerwwweconomictimescom