Tuesday, 29 August 2017

SENSEX REBOUNDS OVER 150 PTS , NIFTY ABOVE 9,850 | TODAY STOCK MARKET BENCHMARKS REPORT 30 AUG 2017.

MARKET LEVELS UPDATE

NIFTY (30th AUG 2017) Trend : up Preopening Price : 9851.50 Gap up : 63.50 (0.66%) Support : 9700 - 9850 Resistance : 9850-9925

SENSEX (30th AUG 2017) Trend : up Preopening Price : 31534.57 Gap up : 146.18 ( 0.47%) Support : 31300 -31700 Resistance: 32100 - 32450 

BANK NIFTY (30th AUG 2017) Trend : up Preopening Price: 24253.05 Gap up : 124.10 ( 0.51%) Support : 23850-24250 Resistance :24750-25250 

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Equity benchmarks opened sharply higher on Wednesday after a turmoil in previous session.

The 30-share BSE Sensex was up 167.09 points or 0.53 percent at 31,555.48 and the 50-share NSE Nifty rose 64 points or 0.65 percent to 9,860.05.

Aurobindo Pharma, Hindalco Industries, HDFC, Ambuja Cements, BPCL, Eicher Motors, Yes Bank and BPCL gained 1-2 percent while Asian Paints, Power Grid and NTPC were under pressure.


Nifty Midcap was up 1 percent on strong market breadth. Ujjivan Financial surged 5 percent as RBI granted it scheduled bank status.

Bajaj Finance, M&M Financial, Tata Global, Avenue Supermarts, RBL Bank, Inox Leisure, Pincon Spirit, Globus Spirit, Amtek Auto, Jaiprakash Associates, Ruchi Soya and IVRCL rallied up to 7 percenet.Visa Steel, Videocon Industries and Jai Balaji Industries were down up to 5 percent.

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