NIFTY OPENS ABOVE 10K , SENSEX MILDLY HIGHER | TODAY STOCK MARKET NEWS OUTLOOK 12 OCT 2017.

MARKET LEVEL UPDATE

SENSEX (12th OCT 2017) Trend : up Preopening Price : 31910.45 Gap up : 56.18 ( 0.18%) Support : 31300 -31700 Resistance: 32200 - 32550

BANK NIFTY (12th OCT 2017) Trend : up Preopening Price: 24151.45 Gap up : 44.00 ( 0.18%) Support : 24000-24350 Resistance :24750-25250 

NIFTY (12th OCT 2017) Trend : up Preopening Price : 10010.60 Gap up: 15.65 ( 0.13%) Support : 9825 - 9875 Resistance : 10080- 10200

STOCK MARKET NEWS REPORT

Equity benchmarks opened mildly higher on Thursday, seeing a rebound after yesterday's sell-off.

The 30-share BSE Sensex was up 60.51 points at 31,894.50 and the 50-share NSE Nifty gained 29 points at 10,013.80. About three shares advanced for every share falling on the BSE.

Bharti Infratel, GAIL, Sun Pharma, Vedanta, Reliance Industries, L&T, Hindalco Industries, IOC, BPCL, Lupin, TCS and HPCL were early gainers while Coal India, Bharti Airtel, Cipla, ICICI Bank and Asian Paints were losers.

The broader markets outperformed benchmarks in opening. Nifty Midcap was up 0.6 percent or 100 points.Indiabulls Real Estate, MMTC, State Trading Corporation, Majesco, GM Breweries, FACT, LT Foods and Kaveri Seeds gained 2-10 percent while Lakshmi Vilas Bank lost 5 percent post higher slippages in Q2.