MARKET LEVELS
SENSEX (20th SEP 2017) Trend : up Preopening Price : 32466.48 Gap up : 64.11 ( 0.20%) Support : 31300 -31700 Resistance: 32200 - 32550
NIFTY (20th SEP 2017) Trend : up Preopening Price : 10160.95 Gap up: 13.40 ( 0.13%) Support : 9825 - 9875 Resistance : 10080- 10200
BANK NIFTY (20th SEP 2017) Trend : up Preopening Price: 25060.00 Gap up: 5.00 ( 0.05%) Support : 24000-24350 Resistance :24750-25250
Equity benchmarks opened mildly higher on Wednesday, led by support from index heavyweight Reliance Industries.
The 30-share BSE Sensex was up 63.74 points at 32,466.11 and the 50-share NSE Nifty gained 11.90 points at 10,159.45.
Telecom stocks - Bharti Airtel, Idea Cellular and Reliance Communications fell 3-6 percent after telecom regulator TRAI slashed mobile call connection charge to 6 paise per minute from 14 paise currently, effective October 1.
Tata Motors, ICICI Bank, BPCL, Cipla, Coal India, Ambuja Cements, NTPC and Wipro were also under pressure in early trade.
Reliance Industries rallied 4 percent, followed by L&T, ONGC, HDFC Bank, ITC, Tata Power and Yes Bank.
Nifty Midcap was up 0.4 percent, outperforming benchmarks.JK Tyre, Apollo Tyres, Ceat, Divis Labs, Kamat Hotels, Adani Transmission, Bombay Dyeing, HEG, Graphite India, Goa Carbon, Rain Industries, Shreyas Shipping and Cadila Healthcare gained up to 10 pecent.
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