Sensex, Nifty Open Lower; IT Stocks Gain | Today Stock Market News Outlook 29 May 2018.

OPENING BELLS

SENSEX (29th may 2018) Trend : up Preopening Price :35214.18 Gap Up : 48.70(0.14%) Support : 31300 -31700 Resistance: 35600 - 35900 

NIFTY (29 May 2018) Trend : Up Preopening Price : 10711.85 Gap Up : 23.20(0.22%) Support : 10400 -10350 Resistance : 10800- 10910 

BANK NIFTY (29th May 2018) Trend : UP Preopening Price: 26567.25 Gap down : -47 (0.18%) Support : 27000 Resistance :26100

STOCK MARKET TIPS

Benchmark indices opened mildly lower on Tuesday morning due to profit booking after three-day run up. 

The 30-share BSE Sensex fell 56.44 points to 35,109.04 and the 50-share NSE Nifty declined 21.90 points to 10,666.80.

L&T, Tech Mahindra, TCS, Infosys, HCL Technologies, M&M, Bajaj Finance and Coal India are gainers.

Bank of India and Aurobindo Pharma plunged 5 percent each.

Vedanta, Sun Pharma, Lupin and SBI are under pressure.

Nifty Bank lost 130 points and Nifty Midcap shed 65 points.

Manpasand Beverages slipped 20 percent for second consecutive session.

Venus Remedies, DB Realty, Kwality, Gravita, Mercator and Fortis Healthcare fell up to 7 percent.

Oil India, NMDC, Bajaj Hindusthan, Dhampur Sugar, Dwarikesh Sugar, Reliance Communications and Edelweiss Financial gained 2-5 percent.