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.

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