Sensex, Nifty Trade Lower After Hitting Record Highs in Opening | Today Stock Market Outlook 20 Dec 2017.

MARKET LEVELS UPDATE

SENSEX (20th Dec 2017)  Trend : up Preopening Price : 33930.35 Gap up : 93.61 ( 0.28%) Support :  31300 -31700 Resistance: 32200 - 33750

NIFTY (20th Dec  2017)     Trend : up Preopening Price : 10494.00 Gap up : 31.20 ( 0.30%) Support :  9825 - 9875 Resistance : 10080- 10380 

BANK NIFTY (20th Dec 2017) Trend : up Preopening Price: 25779.05 Gap up :  62.85 ( 0.24%) Support : 24000-24350 Resistance :25150-25850   

STOCK MARKET NEWS

Equity benchmarks started off trade at record highs on Wednesday, but immediately slipped into red to trade volatile.

The 30-share BSE Sensex was down 18.70 points at 33,818.04 and the 50-share NSE Nifty fell 12.40 points to 10,450.80.

About 785 shares advanced against 445 declining shares on the BSE.

Tata Steel, UltraTech Cement, Dr Reddy's Labs, SBI, L&T, HUL and Power Grid were early losers while ONGC, Coal India, Maruti Suzuki, GAIL, M&M and Hero MotoCorp were gainers.

Nifty Midcap was flat.

Religare Enterprises rallied 5 percent and Edelweiss Financial was up 1.7 percent. Edelweiss Financial will buy Religare's securities business which includes securities & commodities broking & depository participants services.