Thursday 31 August 2017

NIFTY OPENS SEPTEMBER SERIES ON FLAT NOTE | TODAY STOCK MARKET NEWS REPORT 01 SEPT 2017.

MARKET LEVELS UPDATE

NIFTY (1ST SEP 2017) Trend : up Preopening Price : 9940.00 Gap up : 2.00 (0.02%) Support : 9700 - 9850 Resistance : 9850-9925

SENSEX (1st SEP 2017) Trend : up Preopening Price : 31730.49 Gap up : 84.03 ( 0.27%) Support : 31300 -31700 Resistance: 32100 - 32450 

BANK NIFTY (1ST SEP 2017) Trend : up Preopening Price: 24389.20 Gap up : 70.80 ( 0.29%) Support : 23850-24250 Resistance :24750-25250

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The NSE Nifty started off September series on a flat note on Friday but the broader markets outperformed, rising half a percent.

The 30-share BSE Sensex was up 25.19 points at 31,755.68 and the 50-share NSE Nifty rose 6.2 points to 9,924.10.

Bajaj Auto gained 2 percent on August sales data. Dr Reddy's Labs surges 6.5 percent on settlement for drug.

TCS, HCL Technologies, HDFC, NTPC, ITC and HUL were under pressure.

Nifty Midcap was up 0.5 percent as about four shares advanced for every share falling on the NSE.Sun TV Network, Welspun Enterprises, Manappuram Finance, Reliance Capital, Nalco, Hindustan Zinc, IRB Infrastructure, BEML, Grasim Industries, Chennai Petroleum and Strides gained up to 5 percent. Infibeam, Petronet LNG and Just Dial fell 1-3 percent.

Wednesday 30 August 2017

SENSEX LOWER ON PROFIT BOOKING,NIFTY VOLATILE AHEAD OF F&O EXPIRY | STOCK MARKET NEWS OUTLOOK 31 AUG 2017.


SENSEX (31th Aug 2017) Trend : up pre Opening Price :31685.44 (0.12%) Gap up: 0.58%, 182.46 Support :31250-31700 Resistance:32125-32350

NIFTY ( 31th Aug 2017) Trend : up pre Opening Price :9905.70 (.22%) Gap up: 0.63% 61.40 Support :9825-9875 Resistance :9925-9975

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Equity benchmarks erased opening gains in early trade due to profit booking amid volatility.

The 30-share BSE Sensex was down 43.45 points at 31,603.01 and the 50-share NSE Nifty fell 5.95 points to 9,878.45.

Bharti Infratel, NTPC, Bosch, Coal India, HUL, Kotak Mahindra Bank, Sun Pharma, Vedanta and Asian Paints were under pressure while Wipro, Reliance Industries, ONGC, Adani Ports, Cipla and Hindalco gained.



Nifty Midcap was up 10 points as about 700 shares advanced against 465 declining shares.

Majestic Auto surged 20 percent as the board will consider sales of assets and Schaeffler India gained 8 percent on merger.Adani Enterprises, Ujjivan Financial, Grasim, Aditya Birla Money, Ajanta Pharma, BEML, Concor, Surya Roshni and Aksh Optifibre rallied up to 7 percent while DCB Bank, Biocon and HPCL lost up to 6 percent.

Tuesday 29 August 2017

SENSEX REBOUNDS OVER 150 PTS , NIFTY ABOVE 9,850 | TODAY STOCK MARKET BENCHMARKS REPORT 30 AUG 2017.

MARKET LEVELS UPDATE

NIFTY (30th AUG 2017) Trend : up Preopening Price : 9851.50 Gap up : 63.50 (0.66%) Support : 9700 - 9850 Resistance : 9850-9925

SENSEX (30th AUG 2017) Trend : up Preopening Price : 31534.57 Gap up : 146.18 ( 0.47%) Support : 31300 -31700 Resistance: 32100 - 32450 

BANK NIFTY (30th AUG 2017) Trend : up Preopening Price: 24253.05 Gap up : 124.10 ( 0.51%) Support : 23850-24250 Resistance :24750-25250 

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Equity benchmarks opened sharply higher on Wednesday after a turmoil in previous session.

The 30-share BSE Sensex was up 167.09 points or 0.53 percent at 31,555.48 and the 50-share NSE Nifty rose 64 points or 0.65 percent to 9,860.05.

Aurobindo Pharma, Hindalco Industries, HDFC, Ambuja Cements, BPCL, Eicher Motors, Yes Bank and BPCL gained 1-2 percent while Asian Paints, Power Grid and NTPC were under pressure.


Nifty Midcap was up 1 percent on strong market breadth. Ujjivan Financial surged 5 percent as RBI granted it scheduled bank status.

Bajaj Finance, M&M Financial, Tata Global, Avenue Supermarts, RBL Bank, Inox Leisure, Pincon Spirit, Globus Spirit, Amtek Auto, Jaiprakash Associates, Ruchi Soya and IVRCL rallied up to 7 percenet.Visa Steel, Videocon Industries and Jai Balaji Industries were down up to 5 percent.

Monday 28 August 2017

NIFTY OPENS BELOW 9,900, SENSEX FALLS 100 PTS | TODAY STOCK MARKET NEWS OUTLOOK 29 AUG 2017.

MARKET LEVEL UPDATE

NIFTY (29th AUG 2017) Trend : up Preopening Price : 9870.50 Gap down : - 42.50 (-0.43%) Support : 9700 - 9800 Resistance : 9850-9925

SENSEX (29th AUG 2017) Trend : up Preopening Price : 31724.84 Gap down : - 25.98 (-0.08%) Support : 31300 -31700 Resistance: 32100 - 32450 

BANK NIFTY (29th AUG 2017) Trend : up Preopening Price: 24302.00 Gap down : - 75.10 (- 0.31%) Support : 23850-24250 Resistance :24750-25250


Equity benchmarks opened sharply lower on Tuesday on weakness in Asian peers after the launch of missile by North Korea.

The 30-share BSE Sensex was down 128.02 points at 31,622.80 and the 50-share NSE Nifty fell 41.95 points to 9,870.85.

ACC, Bank of Baroda and Tata Power were under pressure, down 1-2 percent after NSE decided to exclude these stocks from Nifty50. HPCL and UPL gained up to 2 percent on addition in Nifty50.

Nifty Midcap was down 0.5 percent on market breadth. About two shares declined for every share rising on the NSE.

DLF lost further, down 2 percent after losing 3.6 percent in previous session despite GIC deal.Thyrocare, Fortis Healthcare, JP Associates, Biocon and Amara Raja Batteries gained up to 5 percent while Jaypee Infra, RBL Bank, 8K Miles, Dish TV, Bata India and Reliance Infrastructure fell up to 4 percent.

Sunday 27 August 2017

SENSEX UP OVER 150 PTS, NIFTY HITS 9900 | TODAY STOCK MARKET NEWS REPORT OUTLOOK 28 AUG 2017.

MARKET LEVELS UPDATE

SENSEX (28th AUG 2017) Trend : up Preopening Price : 31596 Gap up : 56.50 ( 0.20%) Support : 31300 -31700 Resistance: 32100 - 32450

NIFTY (28th AUG 2017) Trend : up Preopening Price : 9896.00 Gap up : 20.50 ( 0.21%) Support : 9700 - 9800 Resistance : 9850-9925 

BANK NIFTY (28th AUG 2017) Trend : up Preopening Price: 24351.25 Gap up : 77.05 ( 0.32%) Support : 23850-24250 Resistance :24750-25250



Equity benchmarks started off the week on a strong note, with the Nifty reclaiming 9,900 level, largely driven by Infosys.

The 30-share BSE Sensex was up 154.47 points at 31,750.53 and the 50-share NSE Nifty gained 40.15 points at 9,897.20.

Infosys surged 4 percent as CLSA upgraded the stock to buy from underperform and raised target price to Rs 1,070 from Rs 940 after co-founder Nandan Nilekani joined the company again as non-executive chairman. CEO choices & strategy should improve, the research house said.


Kotak Mahindra Bank, Eicher Motors, Reliance Industries, Hindalco Industries, Sun Pharma and ONGC were other gainers.

Dr Reddy's Labs, Hero MotoCorp, Asian Paints and ITC were under pressure.

Nifty Midcap gained 0.4 percent as about four shares advanced for every share falling on the exchange.DLF, Adani Enterprises, Adani Power, Future Enterprises, Suzlon Energy, Ansal Housing, Nestle India, Bajaj Finserv and Bajaj Finance rallied up to 6 percent whereas PC Jeweller, Titan Company, Strides, Wockhardt and Cadila Healthcare were under pressure.

Wednesday 23 August 2017

SENSEX OPENS MILDLY HIGHER,NIFTY ABOVE 9850 | TODAY STOCK MARKET OUTLOOK 24 AUG 2017.


NIFTY (24th AUG 2017) Trend : up Preopening Price : 9874.00 Gap up : 19.00 ( 0.19%) Support : 9700 - 9800 Resistance : 9850-9925 

SENSEX (24th AUG 2017) Trend : up Preopening Price : 31673.44 Gap up : 105.43 ( 0.33%) Support : 31300 -31700 Resistance: 32100 - 32450

BANK NIFTY (24th AUG 2017) Trend : up Preopening Price: 24374.75 Gap up : 57.95 ( 0.24%) Support : 23850-24250 Resistance :24750-25250
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Equity benchmarks opened moderately higher amid mixed Asian cues on Thursday.

The 30-share BSE Sensex was up 44.21 points at 31,612.22 and the 50-share NSE Nifty rose 12.25 points to 9,864.75.

Infosys, ITC, TCS, Reliance Industries, L&T, Sun Pharma, Lupin and M&M gained while HDFC Bank, Maruti Suzuki, Kotak Mahindra Bank, HUL, Bajaj Auto and SBI were under pressure.

Nifty Midcap was up 0.2 percent.

SREI Infrastructure shares gained 3.5 percent as Bharat Road Network IPO will open from September 6-8.

United Spirits, United Breweries, Alembic Pharma, Mcleod Russel, Praj Industries and Ugar Sugar Works gained up to 6 percent.
Fortis Healthcare, DLF, Allahabad Bank, Dena Bank, SPARC, Andhra Bank, Castrol, Jaypee Infratech and Union Bank were under pressure.

Tuesday 22 August 2017

SENSEX RISES OVER 100 PTS, NIFTY AROUND 9800 | TODAY STOCK MARKET NEWS OUTLOOK 23 AUG 2017.

MARKET LEVELS UPDATE

SENSEX (23RD AUG 2017) Trend : up Preopening Price : 31410.91 Gap up : 119.06 ( 0.38%) Support : 31350 -31800 Resistance: 32100 - 32400

BANK NIFTY (23RD AUG 2017) Trend : up Preopening Price: 24085.95 Gap up : 110.50 ( 0.46%) Support : 23850-24150 Resistance :24400-24900 

NIFTY (23RD AUG 2017) Trend : up Preopening Price : 9805.50 Gap up : 17.00 ( 0.17%) Support : 9700 - 9980 Resistance : 10080 -10180

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Benchmark indices opened on a positive note, with the Nifty trading above 9800-mark in the opening tick amid consolidation.The 30-share BSE Sensex was up 116.55 points at 31,408.40 and the 50-share NSE Nifty rose 35.15 points to 9,800.70.
Nifty Midcap Index gained 0.7 percent on positive market breadth. About four shares advanced for every share falling on the BSE.
Fortis Healthcare, DLF, Balaji Telefilms, BEML, HPCL, IOC, Gati, Eris Lifesciences, Patel Integrated, Snowman Logistics, Future Consumer, Indian Toner and Indo Count rallied up to 5 percent.

Monday 21 August 2017

NIFTY ABOVE 9800 IN OPENING ,SENSEX SOARS OVER 150 PTS | TODAY STOCK MARKET REPORT 22 AUG 2017.


STOCK MARKET NEWS UPDATE

Equity benchmarks started off Tuesday's trade on a strong note, with the Nifty reclaiming 9,800 level, supported by broad based buying.

The 30-share BSE Sensex was up 173.60 points at 31,432.45 and the 50-share NSE Nifty rose 56.45 points to 9,810.80.

About two shares advanced for every share falling on the BSE.

Infosys rebounded 1 percent after 15 percent correction in previous two consecutive sessions.

Hindalco, Vedanta, Dr Reddy's Labs, IOC, Tata Steel, Tata Motors, Coal India, ICICI Bank, Axis Bank, GAIL, Tech Mahindra, Aurobindo Pharma and Bank of Baroda gained up to 2 percent.

TCS and UltraTech Cement were under pressure.

Among midcaps, Reliance Capital, Capital First, PNB Housing Finance, LIC Housing Finance, Jaiprakash Associates, Repco Home, Indo Count, Chennai Petroleum, Manappuram, Reliance Defence, BEML, V-Guard, HCL Infosystems and Bhushan Steel rallied up to 16 percent.

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Sunday 20 August 2017

SENSEX REBOUNDS,NIFTY RECLAIMS 9850 | TODAY SHARE MARKET NEWS REPORT 21 AUG 2017.

MARKET LEVELS UPDATE

NIFTY (21st AUG 2017) Trend : up Preopening Price : 9866.00 Gap up : 16.50( 0.17%) Support : 97150 - 9980 Resistance : 10080 -10180

SENSEX (21st AUG 2017) Trend : up Preopening Price : 31609.93 Gap up : 85.25 ( 0.27%) Support : 31450 -31800 Resistance: 32100 - 32400 

BANK NIFTY (21ST AUG 2017) Trend : up Preopening Price: 24140.55 Gap up : 66.10 ( 0.27%) Support : 23850-24150 Resistance :24400-24900


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The market bounced back with moderate gains amid volatility on Monday after Friday's sell-off.

The 30-share BSE Sensex was up 7.61 points at 31,532.29 and the 50-share NSE Nifty rose 12.75 points to 9,850.15. About two shares advanced for every share falling on the BSE.

Hindalco, Vedanta, Tata Steel, ICICI Bank, Tech Mahindra, Eicher Motors, BPCL, UltraTech Cement, Aurobindo Pharma and HCL Technologies gained up to 2 percent while TCS, Bharti Infratel and HDFC Bank were losers.


Infosys lost 3 percent to Rs 896 despite announcement of buyback of up to Rs 13,000 crore.Reliance Capital gained 2 percent while Jet Airways fell 1 percent.

Thursday 17 August 2017

SENSEX OPENS 200 POINTS LOWER , NIFTY BELOW 9850 | TODAY STOCK MARKET NEWS UPDATE REPORT 18 AUG 2017.

MARKET LEVELS 

SENSEX (18th AUG 2017) Trend : up Preopening Price : 31729.88 Gap down : - 65.58 (-0.21%) Support : 31250 -32110 Resistance: 32205 - 32460

NIFTY (18th AUG 2017) Trend : up Preopening Price : 9863.50 Gap down : -47.50 (-0.48%) Support : 97150 - 9980 Resistance : 10080 -10180 

BANK NIFTY (18th AUG 2017) Trend : up Preopening Price: 24125.30 Gap down : - 111095 (- 0.46%) Support : 23750-24000 Resistance :24240-24535
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After consecutive sessions of positive movements in the ongoing week, benchmark indices witnessed a gap-down opening, dragged by weak movements on Infosys on the back of developments in the top management exit.

At 09:18 hrs, the Sensex was down 210.84 points at 31584.62, while the Nifty was down 62.20 points at 9841.95. The market breadth was negative as 209 shares advanced against a decline of 742 shares, while 34 shares were unchanged.

ITC, Mahindra and Mahindra (M&M), Bharti Infratel and UltraTech Cement gained the most on both indices, while Infosys, State Bank of India and Bank of Baroda were the top losers.

Among global markets, Asia markets were pressured in early Friday trade after investors on Wall Street sold off on growing uncertainty over the Trump administration's ability to follow through on its economic policies.

Japan's Nikkei 225 fell 1.31 percent as risk off trade from the US session followed through into the Asian trading day. Across the Korean strait, the Kospi declined 0.81 percent.

Meanwhile, Australia's S&P/ASX 200 tumbled 1.10 percent, driven by broad-based losses across all sub-indexes barring the health care sector. The heavily-weighted financials sub-index recorded a 1.59 percent fall.

US stocks sold off on Thursday, with the S&P 500 recording its biggest daily percentage drop in three months as escalating worries about the Trump administration's ability to push through its economic agenda rattled investors.

The benchmark index also closed at its lowest since July 11, with the day's move marking the first time since the November 8 election of two days with more than 1 percent declines so close together. The index dropped 1.4 percent last Thursday, as concern over a possible conflict between the United States and North Korea hit the market.The falls mark a break from a period of low volatility and subdued moves. The S&P 500 has had just four 1 percent declines this year.

Wednesday 16 August 2017

SENSEX OPENS IN THE GREEN , NIFTY ABOVE 9900 IN OPENING TICK | TODAY STOCK MARKET REPORT UPDATE 17 AUG 2017.

Equity benchmark indices continued its positive momentum from the previous session, with the Nifty climbing above 9900 in the opening tick.

At 09:17 hrs, the Sensex was up 43.94 points at 31814.83, while the Nifty was up 10.95 points at 9908.25. The market breadth was healthy as 519 shares advanced against a decline of 252 shares, while 25 shares were unchanged.

Midcaps continued to gain, while strong movements was seen among metals as well as information technology stocks.

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Infosys, HDFC, and Vedanta were the top gainers on both indices, while Bajaj Auto, HUL, Power Grid and Zee Entertainment lost the most.

Asian stocks edged up on Thursday as tensions between the US and North Korea came off the boil, while worries about President Donald Trump's ability to implement his pro-growth agenda and the Federal Reserve's concerns about low US inflation hit the dollar.

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 percent in early trade.

Japan's Nikkei slipped 0.1 percent, weighed down by the yen's strength.

South Korean shares advanced 0.1 percent after the leaders of both North Korea and the United States appeared to back off from their heated rhetoric from last week.

Meanwhile, US stocks ended slightly firmer on Wednesday but off the day's highs as worries mounted over President Donald Trump's agenda and minutes from the latest Federal Reserve meeting suggested policymakers are worried about weak inflation.

Indexes lost some ground following Trump's disbanding of two high-profile business advisory councils after two more CEOs resigned from the manufacturing council on Wednesday in response to his comments on weekend violence in Charlottesville, Virginia.

Tuesday 15 August 2017

SENSEX OPENS ON A POSITIVE NOTE,NIFTY ABOVE 9800 | TODAY STOCK MARKET REPORT OUTLOOK 16 AUG 2017.


Equity benchmarks continued with its positive momentum from the previous session and opened on a good note, with the Nifty reclaiming 9800-mark.

At 9:16 am, the Sensex was up 77.14 points at 31526.17, while the Nifty rose 23.05 points at 9817.20. The market breadth was positive as 626 shares advanced against a decline of 186 shares, while 27 shares were unchanged.

Midcaps were back in favour as they outperformed the benchmarks, while other gainers included FMCG, auto stocks and metals.


Adani Ports, Tata Motors, Tata Power and BPCL were the top gainers, while Larsen & Toubro, Cipla and Asian Paints lost the most on both indices.

The Indian rupee slipped in the early trade on Wednesday. It has opened lower by 16 paise at 64.28 per dollar versus 64.12 Monday.

Pramit Brahmbhatt of Veracity said, "Encouraging US economic data and FII outflows will help the dollar appreciate. We expect the USD-INR to trade in a range of 64-64.50 for the day."

The US dollar strengthened after economic data, including July retail sales, beat expectations and cast the economy in a relatively favourable light.

Among global markets, Asian shares were mostly higher in early trade as investors digested earnings releases from regional corporates and a resurgent dollar.

Japan's Nikkei 225 edged down 0.03 percent, with gains in most tech stocks offset by losses in auto names. South Korea's Kospi rose 0.67 percent as markets returned from a public holiday.

Australia's S&P/ASX 200 gained 0.07 percent, as steep gains in the energy sub-index, which was up by 3.26 percent, were offset by declines in the health care, information technology and financial sub-indexes.

US stocks ended little changed on Tuesday as declines in Home Depot and other retailers following results offset upbeat US retail sales data.

The S&P 500 consumer discretionary index, down 0.9 percent, also took a hit from a steep fall in the shares of Coach and Advance Auto Parts after disappointing results. The S&P 500 retail index was down 1.6 percent.

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Sunday 13 August 2017

TODAY STOCK MARKET OVERVIEW AND NEWS REPORT 14 JULY 2017. | CAPITAL WAYS FINANCIAL SERVICES.

SENSEX REBOUNDS 190 PTS,NIFTY ABOVE 9750 AFTER LAST WEEK'S 3.5% FALL


Equity benchmarks rebounded in opening on Monday after losing 3.5 percent in previous week, backed by short covering in most beaten stocks.

The 30-share BSE Sensex was up 182.89 points at 31,396.48 and the 50-share NSE Nifty gained 58.15 points at 9,768.95.

Dr Reddy's Labs, Sun Pharma, Bank of Baroda, BPCL, Infosys and Bharti Airtel were only losers among Nifty stocks.


Nifty Midcap was up 1.5 percent on strong market breadth. About five shares advanced for every share falling on the NSE.

Suzlon Energy, CESC, BEML, Adani Ports, DLF, Sun TV, CG Power, JP Associates, GVK Power, GMR Infra, Techno Electric, Voltamp Transformers and Mercator surged up to 7 percent.

Parsvnath Developers (down 10 percent) and Signet Industries (down 20 percent) fell after SAT stayed SEBI order.

REC, HDIL, Jamna Auto and Chennai Petroleum were down nearly 5 percent.


Thursday 10 August 2017

SENSEX SLUMPS 300 PTS , NIFTY HOLDS 9700 | TODAY STOCK MARKET OUTLOOK UPDATE 11 AUG 2017.

MARKET LEVELS UPDATE

SENSEX (11th AUG 2017) Trend : up Preopening Price : 31355.92 Gap down : - 175.41 (-0.56%) Support : 31250 -32110 Resistance: 32205 - 32460

NIFTY (11th AUG 2017) Trend : up Preopening Price : 9758.00 Gap down : -106.50 (-1.09%) Support : 97150 - 9980 Resistance : 10080 -10180 

BANK NIFTY (11th AUG 2017) Trend : up Preopening Price: 23958.25 Gap down : - 259.10 (-1.07%) Support : 23750-24000 Resistance :24240-24535

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Equity benchmarks fell sharply in opening trade, with the Sensex losing more than 300 points and the Nifty trading near 9,700 level.

The 30-share BSE Sensex was down 287.79 points or 0.91 percent at 31,243.54 and the 50-share NSE dropped 93.55 points or 0.95 percent at 9,726.70.


Power Grid, Tech Mahindra and Wipro were only gainers among Nifty stocks.

The broader markets fell more than benchmarks as the BSE Midcap and Smallcap indices were down nearly 2 percent each.

About 11 stocks declined for every share rising on the NSE.

J Kumar Infra and Prakash Industries fell 20 percent each after beginning of trade for first time in last four consecutive sessions.JP Associates, Indo Count, Balaji Telefilms, SCI and Indo Amines fell up to 6 percent. However, Gujarat Gas and MOIL rallied 4 percent after earnings.

Wednesday 9 August 2017

NIFTY OPENS BELOW 9900,SENSEX FALLS 100 PTS | TODAY STOCK NEWS REPORT 10 AUGUST 2017.

MARKET LEVELS UPDATES

SENSEX (10th AUG 2017) Trend : up Preopening Price : 31750.73 Gap down : -47.11 ( 0.15%) Support : 31550 -32110 Resistance: 32505 - 32660

NIFTY (10th AUG 2017) Trend : up Preopening Price : 9886.00 Gap down : -31.50 (-0.32%) Support : 9800 - 9980 Resistance : 10080 -10180 

BANK NIFTY (10th AUG 2017) Trend : up Preopening Price: 24300.45 Gap down : - 74.15 (-0.30%) Support : 24100-24250 Resistance :24940-25035 

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STOCK MARKET NEWS OUTLOOK

Equity benchmarks fell further in opening trade Thursday, with the Sensex losing more than 100 points.

The 30-share BSE Sensex was down 122.54 points at 31,675.30 and the 50-share NSE Nifty slipped 41.55 points to 9,866.50.

After earnings, Tata Motors down 4 percent while Aurobindo Pharma rallied 4 percent.


Eicher Motors, ONGC, Tata Power and SBI fell up to 1 percent.

Nifty Bank was down 0.4 percent. Nifty Midcap lost 0.7 percent as about two shares declined for every share rising on the NSE.

Tuesday 8 August 2017

SENSEX OPENS BELOW 32000, NIFTY BREAKS 9950 | TODAY SHARE MARKET NEWS OUTLOOK 09 AUG 2017.


SENSEX (9th AUG 2017) Trend : up Preopening Price : 31936.52 Gap down : -77.67 ( 0.24%) Support : 31850 -32110 Resistance: 32505 - 32660

NIFTY (9th AUG 2017) Trend : up Preopening Price : 9975.00 Gap down : -32.00 (-0.32%) Support : 9950 - 10000 Resistance : 10080 -10180 

BANK NIFTY (9th AUG 2017) Trend : up Preopening Price: 24519.25 Gap down : - 80.25 (-0.33%) Support : 24480-24450 Resistance :24940-25035

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Equity benchmarks extended previous day's losses in opening trade Wednesday, tracking weakness in Asia.

The 30-share BSE Sensex was down 91.45 points at 31,922.74 and the 50-share NSE Nifty fell 34.40 points to 9,944.15.

Nifty Bank was down 0.5 percent as Yes Bank, ICICI Bank, Bank of Baroda and Axis Bank were under pressure.

Nalco, Hindalco Industries and Vedanta gained up to 3 percent.

PVR, Endurance and Meghmani Organics gained up to 3 percent post earnings while HPCL, HDIL, Sintex Industries, JP Associates, HCC, Suzlon Energy and Balrampur Chini fell up to 10 percent.

Monday 7 August 2017

SENSEX REBOUNDS IN OPENING , NIFTY EYES 10,100 | TODAY STOCK MARKET OUTLOOK REPORT 08 JULY 2017


NIFTY (8th AUG 2017) Trend : up Preopening Price :10101.00 Gap up : 12.00 ( 0.12%) Support : 9983 - 10000 Resistance : 10080 -10180 

SENSEX (8th AUG 2017) Trend : up Preopening Price : 32341.05 Gap up : 67.38 ( 0.21%) Support : 32195 -32110 Resistance: 32505 - 32660

BANK NIFTY (8th AUG 2017) Trend : up Preopening Price: 24942.20 Gap up : 35.85 (0.14%) Support : 24480-24450 Resistance :24940-25035 

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The market rebounded with marginal gains in opening Tuesday, with the Nifty inching towards 10,100 level.

The 30-share BSE Sensex was up 70.09 points at 32,343.76 and the 50-share NSE Nifty rose 23.60 points to 10,081.

Tata Steel gained 2 percent as brokerage houses raised target price post Q1 earnings.


Bharti Airtel gained over 1 percent and Bharti Infratel lost 3 percent after former sold stake in later.

Bank of Baroda, Eicher Motors, Bajaj Auto and Sun Pharma were up half a percent while IOC, BPCL and Dr Reddy's Labs were under pressure.

The Nifty Midcap index was up 0.3 percent as about two shares advanced for every share falling on the NSE.

NALCO, Sintex Industries, JSPL and Idea Cellular gained up to 3 percent.