SENSEX OPENS MILDLY HIGHER,NIFTY ABOVE 9850 | TODAY STOCK MARKET OUTLOOK 24 AUG 2017.

MARKET LEVELS UPDATE

NIFTY (24th AUG 2017) Trend : up Preopening Price : 9874.00 Gap up : 19.00 ( 0.19%) Support : 9700 - 9800 Resistance : 9850-9925 

SENSEX (24th AUG 2017) Trend : up Preopening Price : 31673.44 Gap up : 105.43 ( 0.33%) Support : 31300 -31700 Resistance: 32100 - 32450

BANK NIFTY (24th AUG 2017) Trend : up Preopening Price: 24374.75 Gap up : 57.95 ( 0.24%) Support : 23850-24250 Resistance :24750-25250

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STOCK MARKET BENCHMARK

Equity benchmarks opened moderately higher amid mixed Asian cues on Thursday.

The 30-share BSE Sensex was up 44.21 points at 31,612.22 and the 50-share NSE Nifty rose 12.25 points to 9,864.75.

Infosys, ITC, TCS, Reliance Industries, L&T, Sun Pharma, Lupin and M&M gained while HDFC Bank, Maruti Suzuki, Kotak Mahindra Bank, HUL, Bajaj Auto and SBI were under pressure.

Nifty Midcap was up 0.2 percent.

SREI Infrastructure shares gained 3.5 percent as Bharat Road Network IPO will open from September 6-8.

United Spirits, United Breweries, Alembic Pharma, Mcleod Russel, Praj Industries and Ugar Sugar Works gained up to 6 percent.

Fortis Healthcare, DLF, Allahabad Bank, Dena Bank, SPARC, Andhra Bank, Castrol, Jaypee Infratech and Union Bank were under pressure.