Thursday, 19 April 2018

Sensex, Nifty Open Flat Amid Global Weakness | Today Stock Market News Outlook 20 April 2018.

OPENING BELLS

NIFTY ( 20th Apr 2018) Trend : down Preopening Price : 10557.65 Gap down : -8.05 (0.08%) Support : 10322-10211 Resistance : 10646-10872 

SENSEX ( 20th Apr 2018) Trend : down Preopening Price : 34441.35 Gap up : 14.55 (0.04%) Support : 34222-34072 Resistance: 34533-34755 

BANK NIFTY (20th April 2018) Trend : Up Preopening Price: 25126.80 Gap Flate : 0.65(0.00%) Support : 24140-24057 Resistance :24417-24611 


Benchmark indices opened flat amid global weakness and higher crude oil prices.

The 30-share BSE Sensex was down 21.76 points at 34,405.53 and the 50-share NSE Nifty fell 11.90 points to 10,553.40.

Nifty Bank was down 0.41 percent while Nifty Midcap declined 60 points.

Eveready Industries and JB Chemicals were down up to 10 percent.

Mahindra CIE, Bharat Seats, Cyient gained up to 5 percent while Reliance Power fell 2 percent post March quarter earnings.

Mphasis was up 2 percent while Jaypee Infra and Nalco were under pressure.

Wednesday, 18 April 2018

Sensex Opens Up 116 pts, Nifty Metal Shines | Today Stock Market News Outlook 19 April 2018.

OPENING BELLS 19 APRIL

NIFTY ( 19th Apr 2018) Trend : down Preopening Price : 10560.50 Gap up : 42.20 (0.30%) Support : 10322-10211 Resistance : 10646-10872 

SENSEX ( 19th Apr 2018) Trend : down Preopening Price : 34396.80 Gap up : 66.40 (0.19%) Support : 33892 -33772 Resistance: 34533-34755 

BANK NIFTY (19th Aprl 2018) Trend : Up Preopening Price: 25206.45 Gap Up : 104.15 (0.41%) Support : 24140-24057 Resistance :24417-24611




Benchmarks rebounded on Thursday after the correction in previous session, following positive lead from global stocks.

The 30-share BSE Sensex was up 111.58 points at 34,443.26 and the 50-share NSE Nifty rose 41.20 points to 10,567.40.

Nifty Metal was up 1.6 percent as Hindalco, Vedanta, Nalco and Tata Steel rallied up to 5 percent on positive global metal prices.

Nifty Midcap was up 75 points.

Fortis Healthcare, Mishra Dhatu, Mindtree, HDFC Standard Life, Phoenix Mills, Aban Offshore, Godrej Industries, Godrej Consumer Products, Dabur and Kaya gained up to 7 percent.

Tuesday, 17 April 2018

Sensex Opens up 100 Pts, Nifty Inches Towards 10,600 | Today Stock Market News Outlook 18 April 2018.

OPENING BELLS 18 APRIL

 NIFTY ( 18th Apr 2018) Trend : down Preopening Price : 10580.25 Gap up : 28.20 (0.27%) Support : 10322-10211 Resistance : 10646-10872



SENSEX ( 18th Apr 2018) Trend : down Preopening Price : 34443.80 Gap up : 48.40 (0.14%) Support : 33892 -33772 Resistance: 34533-34755

BANK NIFTY (18th Apr 2018) Trend : down Preopening Price: 25426.25 Gap up: 92.30 (0.30%) Support : 24942-25132 Resistance :25666-25846





STOCK MARKET NEWS

Benchmark indices opened higher on Wednesday, following positive lead from global stocks.

The 30-share BSE Sensex was up 105.17 points at 34,500.23 and the 50-share NSE Nifty rose 23.50 points to 10,572.20.

Vedanta, Tata Steel, Wipro, TCS, Yes Bank, Bharti Airtel, Adani Ports, Eicher Motors, UltraTech Cement and GAIL were early gainers.

Infosys, BPCL, Titan Company, HPCL and Coal India were under pressure.

Nifty Midcap was up 68 points. IRB Infrastructure, Tata Sponge, Fortis Healthcare, Jagran Prakashan, Dabur India, Indian Hume Pipe and VIP Industries gained up to 5 percent.

Mindtree and ACC gained ahead of earnings later in the day.

Monday, 16 April 2018

Sensex, Nifty Open Mildly Higher Post Monsoon Forecast | Today Stock Market News Outlook 17 APR 2018.

OPENING BELLS

SENSEX ( 17th Apr 2018) Trend : down Preopening Price : 34380.80 Gap up : 75.40 (0.22%) Support : 33892 -33772 Resistance: 34533-34755 

NIFTY ( 17th Apr 2018) Trend : down Preopening Price : 10557.25 Gap up : 28.20 (0.27%) Support : 10322-10211 Resistance : 10646-10872 

BANK NIFTY (17th Aprl 2018) Trend : Up Preopening Price: 25383.75 Gap Up : 62.90 (0.25%) Support : 24140-24057 Resistance :24417-24611



Benchmark indices opened mildly higher amid positive global cues on Tuesday, continuing upmove for the ninth consecutive session.

The 30-share BSE Sensex was up 74.11 points at 34,379.54 and the 50-share NSE Nifty rose 21.00 points to 10,549.40.

NIfty Midcap gained 58 points.

Power Grid, Hindalco, M&M, Adani Ports, Tata Steel, Vedanta, Tata Motors, L&T, Bajaj Finance and SBI and Sobha were early gainers.

nfosys, TCS, Wipro and Tech Mahindra were under pressure, falling up to 1 percent.

Mishra Dhatu rallied 9 percent on top of 40 percent rally in previous session.

Bajaj Electricals, DB Realty, VST Tillers, Force Motors, Coromandel International and Indiabulls Real Estate gained up to 5 percent.

Sunday, 15 April 2018

Sensex Breaks 34K, Down 200 pts; Nifty Opens Below 10,450 | Today Stock Market News Outlook 16 APRIL 2018.


NIFTY ( 16th Apr 2018) Trend : down Preopening Price : 10405.25 Gap down : -75.20 (0.72%) Support : 10322-10211 Resistance : 10586-10712 

SENSEX ( 16th Apr 2018) Trend : down Preopening Price : 34002.80 Gap down : -185.40 (0.54%) Support : 33892 -33772 Resistance: 34435-34355 

BANK NIFTY (16th Aprl 2018) Trend : Down Preopening Price:25082.10 Gap Down : -118.50 (-0.47%) Support : 24140-24057 Resistance :24417-24611


Benchmark indices settled sharply lower in pre-opening, with the Sensex falling 247.92 points to 33,944.73 and the Nifty declining 82.30 points to 10,398.30.

Equity benchmarks opened lower, with the Sensex falling below 34,000 levels following negative lead from SGX Nifty futures and global stocks.

The 30-share BSE Sensex was down 229.59 points at 33,963.06 and the 50-share NSE Nifty fell 66.20 points to 10,414.40.

Infosys was down 4 percent after lowering of full year EBIT margin guidance.

Tech Mahindra, Wipro, Tata Motors, Axis Bank, IOC, Hindalco, Vedanta and ICICI Bank were under pressure in early trade.

Hero Motocorp, Bajaj Auto, M&M, Cipla, ITC and Bajaj Finserv gained.

The Nifty Midcap index was down 126 points.

UCO Bank, Rane Brake, Bhansali Engineering and NIIT Technologies slipped up to 13 percent.

Thursday, 12 April 2018

Sensex Gains 100 Pts in Pre-Opening | Today Stock Market News Outlook 13 April 2018.

OPENING BELLS

SENSEX ( 13th Apr 2018) Trend : down Preopening Price : 34201.80 Gap up : 103.40 (0.30%) Support : 33892 -33772 Resistance: 34435-34355

NIFTY ( 13th Apr 2018) Trend : down Preopening Price : 10495.25 Gap up : 36.20 (0.35%) Support : 10348-10246 Resistance : 10586-10712

BANK NIFTY (13th Aprl 2018) Trend : Up Preopening Price: 25239.65 Gap Up : 44.55 (0.18%) Support : 24140-24057 Resistance :24417-24611




Benchmark indices were strong in pre-opening following positive lead from Wall Street and good macro data, as investors await Infosys Q4 earnings due later in the day.

The 30-share BSE Sensex rose 125.36 points to 34,226.49 and the 50-share NSE Nifty gained 56.80 points at 10,515.50.

HCL Technologies, Fortis Healthcare, Axis Bank, Maruti Suzuki, RCF, Agro Tech, Kwality, Nelco, JBF Industries, Harrisons Malyalam and TBZ gained up to 10 percent.

Dish TV, Petronet LNG and Jet Airways were under pressure.

Trends on SGX Nifty also indicated a positive opening for the broader index in India, a rise of 29 points or 0.28 percent. Nifty futures were trading around 10,497-level on the Singapore Stock Exchange.

US stocks climbed on Thursday as investors anticipated a strong earnings season and as US President Donald Trump’s suggestion that a military strike on Syria may not be imminent ratcheted down geopolitical worries, Reuters reported.

Asian shares traded higher early on Friday trade, with Japan and South Korea gaining after US markets gained in the last session. MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.1 percent while Japan's Nikkei gained 0.8 percent. South Korea's Kospi added 0.48 percent, Reuters reported.

Wednesday, 11 April 2018

Sensex, Nifty Flat in Opening | Today Stock Market News Outlook 12 April 2018.

OPENING BELLS

SENSEX ( 12th Apr 2018) Trend : down Preopening Price : 33990.80 Gap up : 47.40 (0.14%) Support : 33522 -33772 Resistance: 34245-34355 

NIFTY ( 12th Apr 2018) Trend : down Preopening Price : 10413.25 Gap up : 11.20 (0.11%) Support : 10348-10246 Resistance : 10542-10655 

BANK NIFTY (12th Apr 2018) Trend : down Preopening Price: 25078.25 Gap down : -149.30 (0.60%) Support : 24872-24995 Resistance :25280-25445 


Benchmark indices opened flat amid weak global cues and spike in crude oil prices, as investors await corporate earnings and macro data.

The 30-share BSE Sensex was up 47.56 points at 33,988 while the 50-share NSE Nifty fell 17.40 points to 10,399.80.

HCL Technologies, TCS, Tech Mahindra, ONGC, Tata Motors, Bajaj Auto and Bharti Infratel were early gainers.

HPCL, BPCL and IOC fell up to 3 percent. Dr Reddy's Labs, Sun Pharma, ICICI Bank, Kotak Mahindra Bank and Alkem Labs were under pressure.

Nifty Bank was down 0.35 percent.

Aban Offshore, Harrisons, Jayshree Tea, Mcleod Russel, HOEC, Dolphin Offshore, Selan Exploration, TVS Electronics and Biocon gained up to 8 percent.

MRPL, InterGlobe Aviation, IDBI Bank, Jaiprakash Associates, Jet Airways and TVS Electronics were under pressure.