Sensex falls 188 points, seen bouncing back from support

The stock market is like a big store where people buy and sell tiny pieces of companies, called shares.

The Sensex is a special number that shows how most of these pieces are doing on a given day.

When the Sensex drops, it means more people are selling their shares than buying them.

On this day, the Sensex went down by 188 points because of heavy selling.

Some groups of companies did well, especially banks owned by the government, which went up by 2 per cent.

Technology companies did poorly and lost almost 1.5 per cent of their value.

During the day the market fell sharply, but then it bounced back up a little bit.

It stopped falling at a line called the 20-day moving average, which traders watch like a safety net.

Experts say the market could keep climbing if it stays above this line, but it could keep falling if it drops below it.