MARKET UPDATE
NIFTY (4th July 2017)
Trend : up Preopening Price :9621.50 Gap down : -2.50 (-0.03%) Support : 9466-9562 Resistance : 9658-9753
BANK NIFTY (4th July 2017)
BANK NIFTY (4th July 2017)
Trend : up Preopening Price : 23325.50 Gap up: 52.70 ( 0.23%) Support : 22939-23174 Resistance : 23408-23643
SENSEX (4th July 2017)
SENSEX (4th July 2017)
Trend : up Preopening Price : 31331.21 Gap up : 109.59 (-0.35%) Support : 30461-30746 Resistance: 31031-31315
Equity benchmarks extended gains in opening trade on Monday despite mixed Asian cues, aided by select banks and auto stocks.
The 30-share BSE Sensex was up 77.28 points at 31,298.90 and the 50-share NSE Nifty rose 14.80 points to 9,629.80.
Tata Motors, Reliance Industries, Ambuja Cements, ICICI Bank, NTPC, Bharti Airtel, Bharti Infratel, HCL Technologies and BPCL were early gainers while TCS, Hero Motocorp, Indiabulls Housing, IndusInd Bank and ITC were under pressure.
The broader markets also gained in early trade, with the Nifty Midcap up 0.3 percent. Shiva Cement surged 13 percent, taking total rally to 50 percent in five consecutive sessions.
Aditya Birla Money, Grasim Industries, Jindal Poly, Wockhardt, Raymond, Tata Chemicals, Venky's, Rolta India and Jet Airways gained 1-5 percetn. However, Just Dial and Jaypee Infratech lost 2-5 percent.Asian bourses were mixed after North Korea launched a missile, with the Reserve Bank of Australia's interest rate decision due later.
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