NIFTY OPENS ABOVE 10,200 , SENSEX GAINS 100 PTS | TODAY STOCK MARKET NEWS OUTLOOK 24 OCT 2017.

INDEX LEVEL UPDATES

SENSEX (24th OCT 2017) Trend : up Preopening Price : 32621.96 Gap up : 115.24 ( 0.35%) Support : 31300 -31700 Resistance: 32200 - 32750

NIFTY (24th OCT 2017) Trend : up Preopening Price : 10218.55 Gap up: 33.70 ( 0.33%) Support : 9825 - 9875 Resistance : 10080- 10200 

BANK NIFTY (24th OCT 2017) Trend : up Preopening Price: 24141.95 Gap up : 53.05 ( 0.22%) Support : 24000-24350 Resistance :24750-25250

STOCK MARKET NEWS UPDATE

Equity benchmarks extended previous day's gains in opening on Tuesday, backed by positive Asian cues. Metals, technology, cement and select banks stocks gained strength.

The 30-share BSE Sensex was up 131.99 points at 32,638.71 and the 50-share NSE Nifty rose 22.00 points to 10,206.90.

Indiabulls Housing Finance, Ambuja Cements, BPCL, Zee Entertainment, Tata Steel and UltraTech Cement were early gainers.

Ahead of earnings later today, Infosys was up 0.6 percent while HDFC Bank was flat.

Bharti Infratel, Sun Pharma, Bajaj Finance, HCL Technologies and Mahindra & Mahindra were losers in early trade.

Nifty Midcap was up 0.2 percent.

Zuari Agro Chemicals, S Chand, Rico Auto, Saregama India, Jaiprakash Associates, NIIT Technologies, NIIT, Sobha, Puravankara, Godrej Properties and Brigade Enterprises gained 1-6 percent.

The Indian rupee continued hovering around 65 against the US dollar. It has opened higher by 4 paise at 64.97 a dollar on Tuesday.