Wednesday 13 September 2017

NIFTY OPENS ABOVE 10,000 , MIDCAP OUTPERFORMS SENSEX | TODAY STOCK MARKET REPORT UPDATE 14 SEPT 2017.

MARKET LEVEL UPDATE

SENSEX (14th SEP 2017) Trend : up Preopening Price : 32289.26 Gap up : 102.85 ( 0.32%) Support : 31300 -31700 Resistance: 32100 - 32450

NIFTY (14th SEP 2017) Trend : up Preopening Price : 10094.00 Gap down : - 7.50 ( 0.07%) Support : 9825 - 9875 Resistance : 10080- 10150 

BANK NIFTY (14th SEP 2017) Trend : up Preopening Price: 24857.25 Gap up: 25.45 ( 0.10%) Support : 24000-24350 Resistance :24750-25250

CAPITAL WAYS INVESTMENT ADVISER



Equity benchmarks opened higher amid consolidation Thursday, with the Nifty reclaiming 10,100 level despite weakness in Asian peers.

The 30-share BSE Sensex was up 81.95 points at 32,268.36 and the 50-share NSE Nifty gained 23.70 points at 10,103.

Sun Pharma rallied nearly 4 percent, followed by Dr Reddy's Labs, Lupin, Reliance Industries, Tata Motors, GAIL and Aurobindo Pharm.

Wipro plunged 3.5 percent. Kotak Mahindra Bank, HDFC Bank, HDFC, TCS, HUL, Tech Mahindra and Power Grid were also under pressure.

HPCL, BPCL and IOC rallied 3 percent each as the government ruled out oil price cut.

Thermax, Jubilant Foodworks, Tata Chemicals, Cyient and Deepak Fertilisers gained up to 4 percent.

The Indian rupee opened lower by 17 paise at 64.17 per dollar today against previous close of 64."In the absence of any major triggers, the rupee is expected to stay in a tight range with trading range for the day at 64-64.30," Mohan Shenoi of Kotak Mahindra Bank said.

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