Wednesday, 27 September 2017

SENSEX OPENS LOWER, NIFTY HOLDS 9700 AHEAD OF F&O EXPIRY | TODAY STOCK MARKET OUTLOOK 28 SEPT 2017.

MARKET LEVELS UPDATE

SENSEX (28th SEP 2017) Trend : up Preopening Price : 31216.36 Gap up : 56.55 ( 0.18%) Support : 31300 -31700 Resistance: 32200 - 32550

NIFTY (28th SEP 2017) Trend : up Preopening Price : 9757.30 Gap up: 21.55 ( 0.22%) Support : 9825 - 9875 Resistance : 10080- 10200 

BANK NIFTY (28th SEP 2017) Trend : up Preopening Price: 23804.05 Gap down: - 8.90 (- 0.04%) Support : 24000-24350 Resistance :24750-25250

Capital Ways financial services


Equity benchmarks opened marginally lower on the day of expiry of September derivative contracts.

The 30-share BSE Sensex was down 36.73 points at 31,123.08 and the 50-share NSE Nifty fell 12.25 points to 9,723.50.

ONGC, Aurobindo Pharma, Bharti Infratel and Dr Reddy's Labs were early losers while Tech Mahindra, Wipro, TCS, HCL Technologies and Axis Bank were early gainers.

Nifty Midcap was down 0.14 percent.

In broader space, Ipca Labs, DHFL, Reliance Home Finance, ICICI Lombard General and Titan Company were under pressure.

Goa Carbon, Divis Labs, Indo Count, Edelweiss Financial and Cyient gained 1-3 percent.

Meanwhile, the Indian rupee extended losses today, opening lower by 11 paise at 65.82 against the US dollar. In previous session, it closed at 65.71 a dollar.Asian indexes were narrowly mixed today, after US equities advanced and the greenback rose following the unveiling of a long-awaited tax reform plan stateside.

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