Elections & Markets: Have the Sensex, Nifty bottomed out? A quick check

The benchmark indices have trimmed their day's losses and are now trading marginally lower amid Reserve Bank of India's (RBI) governor Urijit Patel's resignation and the outcome of the assembly polls in five states. 

The S&P BSE Sensex recovered over 200 points after slipping over 500 points to hit an intra-day low of 34,426.29.

Here are the key levels you should keep a tab on

BSE SENSEX: The index breached 50-day moving average (DMA) with a gap down close on Monday, a cut of 2 per cent closing at 34,959 levels. The earlier swing low stands at 34896, and