NIFTY OPENS ABOVE 9800,SENSEX MODERATELY HIGHER | TODAY STOCK MARKET NEWS REPORT 12 JULY 2017.

MARKET LEVELS UPDATE

SENSEX (12th July 2017) 

Trend : up Preopening Price : 31813.24 Gap up : 66.15 ( 0.21%) Support : 31169-31290 Resistance: 31439-31560

BANK NIFTY (12th July 2017) 

Trend : up Preopening Price: 23623.75 Gap up: 39.15 ( 0.17%) Support : 23003-23406 Resistance : 23509-23612 

NIFTY (12th July 2017) 

Trend : up Preopening Price :9807.50 Gap up : 13.50 ( 0.14%) Support : 9609 - 9647 Resistance : 9684-9822

CAPITAL WAYS  SHARE MARKET TIPS

STOCK MARKET OUTLOOK

Equity benchmarks opened moderately higher, with the Nifty climbing above 9,800 level despite weak Asian cues, backed by Reliance Industries, healthcare and auto stocks.
The 30-share BSE Sensex was up 62.75 points at 31,809.84 and the 50-share NSE Nifty gained 25.45 points at 9,811.50.
IndusInd Bank, ACC, Ambuja Cements, Bharti Airtel, Idea Cellular and IOC were early gainers.
The broader markets also participated in uptrend on positive breadth. About 761 shares advanced against 244 declining shares on the BSE. Nifty Midcap 100 gained 0.5 percent.
Biocon surged 8 percent while Tilaknagar Industries, Globus Spirits, United Breweries and United Spirits rose 1-10 percent.
HUDCO, CDSL, AU Small Finance and PNC Infratech continued to rally, up 2-6 percent whereas CCL Products and Vista Pharma were down 4-6 percent.