Tuesday 27 February 2018

Sensex Falls Cver 200 Pts in Opening, Nifty Below 10,500 | Today Stock Market News Outlook 28 FEB 2018.



SENSEX (28th Feb 2018) Trend : down Preopening Price : 34160.50 Gap down : -188.60 (0.56%) Support : 34045 -33845 Resistance: 34322 - 34548

NIFTY ( 28th Feb 2018) Trend : down Preopening Price : 10488.55 Gap down: -64.55 (062%) Support : 10215-10146 Resistance : 10732-10832

BANK NIFTY ( 28th Feb 2018) Trend : down Preopening Price: 25116.25 Gap down : -267.30 (1.5%) Support : 24732-24838 Resistance :25350-25550


Benchmark indices extended losses in opening on Wednesday, tracking weakness in global peers and due to selling pressure in banking & financials.

The 30-share BSE Sensex was down 265.86 points or 0.77 percent at 34,080.53 and the 50-share NSE Nifty slipped 86.60 points or 0.82 percent to 10,467.70.

HPCL, ICICI Bank, Hindalco Industries, Eicher Motors, Axis Bank, Indiabulls Housing, Vedanta, Bajaj Finance and Bajaj Auto were losers in early trade.

PNB plunged 5 percent. Nifty Midcap fell over a percent.

About four shares declined for every share rising on the BSE.

Monday 26 February 2018

Sensex Opens Higher, Nifty Reclaims 10,600 | Today Stock Market News Report 27 Feb 2018.

OPENING BELLS

SENSEX (27th Feb 2018) Trend : down Preopening Price : 34534.50 Gap up : 88.60 (0.36%) Support : 34045 -34345 Resistance: 34732 - 34845

NIFTY ( 27th Feb 2018) Trend : down Preopening Price : 10620.55 Gap up: 36.55 (0.34%) Support : 10435-10544 Resistance : 10788-10901 

BANK NIFTY ( 27th Feb 2018) Trend : down Preopening Price: 25684.25 Gap down : -3.30 (0.1%) Support : 25322-25552 Resistance :25788-25895



Equity benchmarks began the day on a positive note, with the Nifty reclaiming 10,600-mark.

The Sensex is up 77.14 points or 0.22% at 34522.89, and the Nifty up 22.60 points or 0.21% at 10605.20. The market breadth was positive as 395 shares advanced, against a decline of 174 shares, while 88 shares are unchanged.

Financial stocks are under pressure, with Nifty PSU bank index is down over 1 percent. All other sectoral indices are trading in the green. Midcaps, too, are trading mildly higher. Auto stocks have continued their rally from Monday, while IT and pharma stocks have also joined the bandwagon.


Yes Bank and Maruti Suzuki are the top gainers on both indices, while Axis Bank, ICICI Bank, and Ambuja Cements have lost the most.

Sunday 25 February 2018

Sensex Begins Week 100 Points Higher, Nifty Reclaims 10,500 | Today Stock Market Outlook 26 Feb 2018.

OPENING BELLS

NIFTY ( 26th Feb 2018) Trend : down Preopening Price : 10522.55 Gap up: 31.55 (0.3%) Support : 10321-10444 Resistance : 10632-10728

SENSEX (26th Feb 2018) Trend : down Preopening Price : 34208.50 Gap up : 66.60 (0.02%) Support : 33832 -33644 Resistance: 34422 - 34672 

BANK NIFTY ( 26th Feb 2018) Trend : down Preopening Price: 25452.25 Gap up :149.50 (0.59%) Support : 24832-24944 Resistance :25632-25844    


Equity benchmarks began the week on a positive note, tracking positive global cues.

The Sensex is up 109.15 points or 0.32% at 34251.30, while the Nifty is up 33.30 points or 0.32% at 10524.30. The market breadth is positive as 510 shares advanced, against a decline of 123 shares, while 102 shares are unchanged.

Nifty Pharma is likely to be witnessing some profit booking after days of upmove last week. All other sectoral indices are trading in the green, with financials and auto leading the pack.


Dr Reddy’s and Sun Pharma are the top losers on both indices, while Tata Steel, Adani Ports and Vedanta have gained the most.

Thursday 22 February 2018

Sensex Jumps 100 Pts in Opening Trade, Nifty Reclaims 10,400 | Today Stock Market Outlook 23 FEB 2018.


SENSEX (23th feb 2018) Trend : down Preopening Price : 33840.50 Gap up : 19 (0.06%) Support : 33642 -33312 Resistance: 34053 - 34388 

NIFTY ( 23th feb 2018) Trend : down Preopening Price : 10408.55 Gap up: 25.55 (024%) Support : 10152-10248 Resistance : 10632-10540

BANK NIFTY ( 23th feb 2018) Trend : down Preopening Price: 25002.25 Gap up : 47 (0.19%) Support : 24832-24944 Resistance :25105-25266 



Equities have begun the day on a positive note, with the Nifty clocking 10,400 in the first few minutes of the trade.

The Sensex is up 98.71 points or 0.29% at 33918.21, and the Nifty is up 36.40 points or 0.35% at 10419.10. The market breadth is positive as 554 shares have advanced, 216 shares declined, while 94 shares are unchanged.

All sectoral indices have commenced trade in the green, while, in the broader market, midcaps are up around half a percent.

Sun Pharma has continued its gain from the previous sessions and is the top gainer on the Sensex. Along with it, Tata Steel and Aurobindo Pharma were the other gainers. Meanwhile, Hero MotoCorp, Coal India and Asian Paints were the top losers.

Among global markets, Asian shares rebounded as comments from a Federal Reserve official eased worries that the central bank might raise rates more aggressively this year, while the safe-haven yen held on to its gains amid heightened volatility across markets.

Wednesday 21 February 2018

Sensex Opens Over 100 Pts Lower, Nifty Around 10,350 | Today Stock Market News Outlook 22 FEB 2018.

OPENING BELLS

NIFTY ( 22th feb 2018) Trend : down Preopening Price : 10360.55 Gap down : -33.55 (0.33%) Support : 10152-10248 Resistance : 10632-10540

SENSEX (22th feb 2018) Trend : down Preopening Price : 33840.50 Gap down : -2.50 (0.1%) Support : 33642 -33312 Resistance: 34053 - 34388 

BANK NIFTY ( 22th feb 2018) Trend : down Preopening Price: 24812.25 Gap down : -124 (0.50%) Support : 24612-24422 Resistance :25042-25312



Benchmark indices began the day on a negative note, with the Sensex cracking over 100 points. The Nifty was trading below 10,350-mark.

The Sensex is currently down 117.85 points or 0.35% at 33727.01, and the Nifty is down 52.95 points or 0.51% at 10344.50. The market breadth favours the decline as 192 shares advanced, against a decline of 329 shares , while 91 shares are unchanged.

All sectoral indices are trading in the red, while midcaps are also trading weak. Nifty PSU bank index is down over 1 percent.

Wipro, Bajaj Auto and Kotak Mahindra Bank are the top gainers, while ONGC, BPCL, Aurobindo Pharma and SBI have lost the most.

The Indian rupee declined in the early trade on Thursday. It has opened lower by 29 paise at 65.05 per dollar versus 64.76 Wednesday.

Mohan Shenoi of Kotak Mahindra Bank said, "US FOMC minutes caused market volatility with US treasury yields touching a new high, US stock markets reversing early gains and dollar strengthening further."

"Recent negative developments in Indian banking sector has put pressure on the rupee. The USD-INR is expected to trade in a range of 64.75-65.05 for the day."

Thursday 15 February 2018

Sensex, Midcap Gain 150 pts; Nifty Hits 10,600 in Opening | Today Stock Market Outlook 16 FEB 2018.


NIFTY ( 16th feb 2018) Trend : down Preopening Price : 10592.55 Gap up: 46.55 (0.44%) Support : 10252-10442 Resistance : 10733-10845

SENSEX (16th feb 2018) Trend : down Preopening Price : 34412.50 Gap up: 133.50 (0.33%) Support : 33844 -33935 Resistance: 34612 - 34832

BANK NIFTY ( 16th feb 2018) Trend : down Preopening Price: 25511.25 Gap up : 87.80 (87.8%) Support : 25025-25110 Resistance :25648-25732  



Equity benchmarks extended previous day's gains on last day of the week, with the Sensex, Nifty Bank and Midcap indices rising around 150 points each, tracking positive global cues.

The 30-share BSE Sensex was up 149.65 points at 34,447.12 and the 50-share NSE Nifty rose 48.30 points to 10,593.80.

Punjab National Bank lost another 2 percent on top of 21 percent fall in previous two consecutive sessions. Gitanjali Gems tanked 19 percent on top of 20 percent correction in previous session.Nifty Midcap as well as Nifty Bank indices rallied 150 points each.

Wednesday 14 February 2018

Sensex Gains 150 Pts, Nifty Midcap Outperforms | Today Stock Market Outlook 15 FEB 2018.

OPENING BELLS

SENSEX (15th feb 2018) Trend : down Preopening Price : 34192.50 Gap up: 35.50 (0.11%) Support : 33732 -33864 Resistance: 34466 - 34632 

NIFTY ( 15th feb 2018) Trend : down Preopening Price : 10528.55 Gap up: 27.55 (0.26%) Support : 10344-10456 Resistance : 10676-10786

BANK NIFTY ( 15th feb 2018) Trend : down Preopening Price: 25360.25 Gap up : 19.80 (0.8%) Support : 25025-25110 Resistance :25648-25732



Benchmark indices as well as broader markets gained around half a percent each, following positive lead from global peers.

The 30-share BSE Sensex was up 145.73 points at 34,301.68 and the 50-share NSE Nifty gained 46.80 points at 10,547.70.
About three shares advanced for every share falling on the BSE.

PNB plunged 8 percent and Gitanjali Gems lost 18 percent on transaction fraud.

Axis Bank slipped nearly 2 percent.

Bharti Airtel, Vedanta, Tata Steel, ICICI Bank, Yes Bank and Infosys were early gainers.

MT Educare and Zee Learn rallied 5 percent each post open offer. Infibeam gained 4 percent after board approves issuance of convertible warrants up to Rs 40 crore to Network18.

Welspun Enterprises, Shriram EPC, Cox & Kings and GTPL Hathway gained more than 3 percent while Repco Home Finance and Jet Airways fell over 2 percent post earnings.

Tuesday 13 February 2018

Sensex Rises 100 Pts, Nifty Above 10,550 in Opening | Today Stock Market News Outlook 14 Feb 2018.

OPENING BELLS


NIFTY ( 14th feb 2018) Trend : down Preopening Price : 10585.55 Gap up: 45.55 (0.42%) Support : 10333-10439 Resistance : 10648-10732

SENSEX (14th feb 2018) Trend : down Preopening Price : 34436.50 Gap up: 135.50 (0.4%) Support : 33666 -33844 Resistance: 34432 - 34682

BANK NIFTY ( 14th feb 2018) Trend : down Preopening Price: 25810.25 Gap up : 108.80 (0.42%) Support : 25322-25110 Resistance :25622-25851



Market Check: Benchmark indices started off the day higher on Wednesday, with the Sensex rising around 100 points, tracking positive global cues.

The 30-share BSE Sensex was up 86.64 points at 34,387.11 and the 50-share NSE Nifty gained 29.70 points at 10,569.50.

About 1,101 shares advanced against 353 declining shares on the BSE.

Nifty Midcap index was up 142 points.Voltamp Transformers, NRB Bearings, Kolte-Patil, DLF, IOL Chemicals, Ester, Dilip Buildcon, NMDC, Britannia Industries, Ashok Leyland and Minda Industries gained 1-4 percent whereas JK Tyre and Motherson Sumi lost 2-4 percent post earnings.

Sunday 11 February 2018

Sensex Rebounds 200 Pts, Nifty Above 10,500 | Today Stock Market News 12 FEB 2018.


NIFTY ( 12th Feb 2018) Trend : down Preopening Price : 10520.55 Gap up: 65.55 (0.62%) Support : 10333-10439 Resistance : 10648-10732 

SENSEX (12th Feb 2018) Trend : down Preopening Price : 34155.50 Gap up: 148.50 (0.44%) Support : 33666 -33844 Resistance: 34432 - 34682 



Benchmark indices as well as broader markets opened the truncated week sharply higher on Monday, driven by bargain hunting after sell-off last week.

The 30-share BSE Sensex was up 212.02 points at 34,217.78 and the 50-share NSE Nifty gained 69.10 points at 10,524.10.

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

Nifty Midcap index was up over a percent.

NALCO, Oil India, Bata India, Sun TV Network, Marico and Amara Raja Batteries rallied 3-7 percent.
Manappuram Finance, Ashok Leyland, Cadila Healthcare and Capacite Infraprojects gained 2-5 percent. Suzlong Energy fell 3 percent.







Thursday 8 February 2018

Sensex Tanks 500 Pts, Nifty Breaks 10,400 in Opening | Today Stock Market Outlook 09 FEB 2018.

OPENING BELL
SENSEX (9th Feb 2018) Trend : down Preopening Price : 34280.50 Gap down: -132 .50 (0.38%) Support : 33666 -33844 Resistance: 34432 - 34682

NIFTY ( 9th Feb 2018) Trend : down Preopening Price : 10390.55 Gap down : -186.55 (1.77%) Support : 10333-10439 Resistance : 10648-10732 

BANK NIFTY ( 9th Feb 2018) Trend : down Preopening Price: 25466.25 Gap down : -454.80 (1.35%) Support : 25322-25110 Resistance :25622-25851



Benchmark indices opened lower, tracking weakness in global peers.

The 30-share BSE Sensex was down 526.26 points or 1.53 percent at 33,886.90, and the 50-share NSE Nifty fell 177.50 points or 1.68 percent to 10,399.40.

Benchmark indices settled the trade sharply lower in pre-opening as the Sensex was down 410.71 points or 1.19 percent at 34,002.45 and the Nifty fell 160.40 points or 1.52 percent to 10,416.50.

Wednesday 7 February 2018

Sensex Gains 100 Pts, Nifty Reclaims 10,500 in Opening | Today Stock Market Outlook 08 FEB 2018.

OPENING BELLS

NIFTY ( 8th Feb 2018) Trend : down Preopening Price : 10520.55 Gap up : 41.55 (0.4%) Support : 10333-10439 Resistance : 10748-10887 

SENSEX (8th Feb 2018) Trend : down Preopening Price : 34210.50 Gap up: 112 .50 (0.37%) Support : 33666 -33844 Resistance: 34432 - 34682

BANK NIFTY ( 8th Feb 2018) Trend : down Preopening Price: 25759.25 Gap up : 89.80 (0.35%) Support : 25535-25622 Resistance :26432-26562



Benchmark indices rebounded with mild gains on Thursday after shedding more than 2,000 points in previous seven consecutive sessions.

The 30-share BSE Sensex was up 94.37 points at 34,177.08 and the 50-share NSE Nifty gained 23.30 points at 10,500.

Cipla rallies 5 percent. Sun Pharma lost 2.6 percent post Taro earnings and Aurobindo Pharma was down 1 percent post Q3 earnings.

IOC shed nearly 4 percent as stock goes ex-dividend.

Nifty Midcap was up 0.3 percent on positive breadth.

Torrent Power, Prestige Estates, ICRA and SRF gained 1-4 percent. Gati, Hexaware and Dixon Technologies were down 1-4 percent.

Tuesday 6 February 2018

Sensex Rebounds 370 pts, Nifty Above 10,500 | Today Stock Market News 07 FEB 2018.

OPENING BELL

SENSEX (7th Feb 2018) Trend : down Preopening Price : 34496.50 Gap up: 300 .50 (0.85%) Support : 33666 -33844 Resistance: 34432 - 34682 

NIFTY ( 7th Feb 2018) Trend : down Preopening Price : 10600.55 Gap up : 102.55 (0.95%) Support : 10333-10439 Resistance : 10748-10887

BANK NIFTY ( 7th Feb 2018) Trend : down Preopening Price: 26065.25 Gap up :254..60 (0.75%) Support : 25535-25722 Resistance :26432-26562



Benchmark indices rebounded sharply on Wednesday after witnessing losses in previous six consecutive sessions when the Sensex shed more than 2,000 points, tracking global recovery.

The 30-share BSE Sensex was up 367.36 points or 1.07 percent at 34,563.30 and the 50-share NSE Nifty gained 97.70 points or 0.93 percent at 10,596.

SBI, Adani Ports, Dr Reddy's Labs and Aurobindo Pharma were early gainers while NTPC, HDFC Bank and Lupin were under pressure.

Nifty Midcap index was up 1.6 percent as about nine shares advanced for every share falling on the BSE.

Monday 5 February 2018

Sensex Cracks 1,200, Nifty Opens Below 10,300 | Today Stock Market Outlook 06 FEB 2018.



SENSEX (6th feb 2018) Trend : down Preopening Price : 33840 Gap down : -913 .50 (2.55%) Support : 33233 -33432 Resistance: 34092 - 34256

NIFTY ( 6th feb 2018) Trend : down Preopening Price : 10310.55 Gap down : -356.55 (3.51%) Support : 10156-10262 Resistance : 10432-10558 

BANK NIFTY ( 6th feb 2018) Trend : down Preopening Price: 25140.25 Gap down : -958..60 (3.75%) Support : 24832-24944 Resistance






Benchmark indices crashed in opening, tracking weak lead from global peers.

The 30-share BSE Sensex was down 1,240.45 points or 3.57 percent at 33,516.71 and the 50-share NSE Nifty fell 369.60 points or 3.47 percent at 10296.90.

Tata Motors crashed 10 percent post earnings.

Sunday 4 February 2018

Sensex Opens 500 Pts Lower, Nifty Below 10,600 | Today Stock Market News Outlook 05 Feb 2018.

STOCK MARKET NEWS

Benchmark indices opened the week sharply lower on Monday, with the Sensex falling more than 500 points, tracking weakness across the globe.

The 30-share BSE Sensex was down 527.75 points or 1.50 percent at 34,539 and the 50-share NSE Nifty fell 166.40 points or 1.55 percent to 10,594.20.

About five shares declined for every share rising on the BSE.

Vakrangee, Inox Wind, HCC, IFCI, Westlife Development, Union Bank of India, Gujarat Gas, Future Consumer and Jain Irrigation were down 2-10 percent.


Thursday 1 February 2018

Sensex Falls 300 Pts, Nifty Breaks 11K Post Budget 2018 | Today Stock Market News 02 Feb 2018.

OPENING BELLS

SENSEX (2nd Feb 2018) Trend : up Preopening Price : 35723..95 Gap down : -197 .50 ( 0.55%) Support : 35633 -35866 Resistance: 36311 - 36447

NIFTY ( 2nd Feb 2018) Trend : up Preopening Price : 10951.55 Gap down : -65.55 (0.51%) Support : 10866-10634 Resistance : 11242-11413 

BANK NIFTY ( 2nd Feb 2018) Trend : up Preopening Price: 27017.25 Gap down : -203..60 (0.75%) Support : 26732-26864 Resistance :27322-27488


Benchmark indices opened sharply lower as investors digested Union Budget 2018 and focussed on more corporate earnings.

The 30-share BSE Sensex was down 270.47 points at 35,636.19 and the 50-share NSE Nifty fell 83.20 points to 10,933.70.

Axis Bank, Yes Bank, SBI, Indiabulls Housing Finance, Adani Ports, SBI, ICICI Bank, Kotak Mahindra Bank, Sun Pharma, Tata Steel and UPL were early losers.

Hindalco, HCL Technologies, Bajaj Auto and ITC were early gainers.


Nifty Midcap extended losses, falling 1.5 percent or 313 points.

Vakrangee, IDBI Bank, Jain Irrigation, Syndicate Bank, PNB, Canara Bank, JSW Steel, Ceat, VST Tillers and Titan Company were down 1-10 percent.