SENSEX REBOUNDS 100 PTS,NIFTY ABOVE 10250 | TODAY STOCK MARKET UPDATE 01 DEC 2017.

INDEX MARKET UPDATE

SENSEX (1st Dec 2017) Trend : up Preopening Price : 33247.66 Gap up : 98.31 ( 0.03%) Support : 31300 -31700 Resistance: 32200 - 33750

NIFTY (1st Dec 2017) Trend : up Preopening Price : 10263.70 Gap up : 37.15 ( 0.36%) Support : 9825 - 9875 Resistance : 10300- 10550 

BANK NIFTY (1st Dec 2017) Trend : up Preopening Price: 25409.55 Gap up : 77.15 ( 0.30%) Support : 24000-24350 Resistance :25150-25850

STOCK MARKET UPDATE

Equity benchmarks rebounded in opening on Friday after second quarter GDP data, with the Sensex rising more than 100 points. The buying was seen in most beaten down stocks. In previous session, the Sensex had fallen 453 points.

The 30-share BSE Sensex was up 115.44 points at 33,264.79 and the 50-share NSE Nifty rose 38.40 points to 10,264.90.

About five shares advanced for every share falling on the BSE.

The Indian economy grew 6.3 percent in July-September quarter, recovering from a three-year low growth slump of 5.7 percent in April-June, as companies scaled up production and restocked supplies after Goods & Services Tax (GST) kicked in from July 1.

Eicher Motors, Indiabulls Housing Finance, NTPC, Bosch, Infosys, ONGC, Adani Ports, ICICI Bank and Kotak Mahindra Bank were early gainers. IOC, Bharti Airtel, HCL Technologies and Hindalco were losers.

Biocon, M&M Financial, SAIL, Vakrangee, Sadbhav Engineering, Apex Frozen, Gitanjali Gems, Talwalkar and Madras Fertilisers rallied 2-10 percent.

UFO Moviez was down 3 percent post earnings.Asia markets traded mixed, giving up some of the early gains. That came despite a positive lead from the US that included the Dow Jones industrial average closing above 24,000 for the first time.

Sensex Falls 150 Pts; Nifty Tests 10,300 ; F&O expiry | Today Stock Market Outlook 30 Nov 2017.

INDEX LEVELS UPDATE

SENSEX (30th NOV 2017) Trend : up Preopening Price : 33542.50 Gap down : - 60.26 ( - 0.18%) Support : 31300 -31700 Resistance: 32200 - 33750

NIFTY (30th NOV 2017) Trend : up Preopening Price : 10332.70 Gap down : - 28.60 (-0.28%) Support : 9825 - 9875 Resistance : 10300- 10550 

BANK NIFTY (30th NOV 2017) Trend : up Preopening Price: 25693.80 Gap down : - 101.90 (- 0.40%) Support : 24000-24350 Resistance :25150-25850

STOCK MARKET NEWS

Equity benchmarks started off last day of the month on a negative note ahead of expiry of November derivative contracts. Investors also await second quarter GDP data and OPEC decision later today.

The 30-share BSE Sensex fell 154.03 points to 33,448.73 and the 50-share NSE Nifty declined 49 points to 10,312.30, tracking weakness in Asian stocks.

Vedanta, Tech Mahindra, Axis Bank, UltraTech Cement, SBI, Kotak Mahindra Bank, Adani Ports, Tata Motors and Reliance Industries were early losers.

Sun Pharma, Indiabulls Housing Finance, Bosch, IndusInd Bank, Wipro and Aurobindo Pharma were early gainers.

Nifty Midcap was down 0.4 percent. Future Retail, McLeod Russel, Balaji Telefilms, GNA Axles, Indiabulls Real, Puravankara, Delta Corp and Gati were down 1-4 percent.

TBZ fell 9 percent and Mukta Arts gained 13 percent post earnings.

Asian markets tracked lower as oil prices firmed after falling in the last session.

SENSEX HIGHER, NIFTY EYES 10,400 | TODAY STOCK MARKET NEWS OUTLOOK 29 NOV 2017.

STOCK MARKET NEWS

Equity benchmarks were mildly higher in opening trade, shrugging off North Korea's latest missile launch, and tracking positive Wall Street close.

The 30-share BSE Sensex was up 34.86 points at 33,653.45 and the 50-share NSE Nifty rose 16.90 points to 10,387.20.

About 896 shares advanced against 317 declining shares on the BSE.

Cipla, Coal India, NTPC, ONGC, Hindalco Industries and L&T were early gainers while Axis Bank and Tech Mahindra were under pressure.

Alkem Labs gained 4 percent on US FDA nod for Capecitabine tablets.

Bhansali Engineering, INEOS Styrolution, Shankara Buildcon, ADF Foods, RPP Infra, Balaji Telefilms, SpiceJet, Jet Airways, Godrej Consumer, United Breweries up 1-6 percent. TechnoFab Engineering rallied 20 percent.

SENSEX MILDLY LOWER, NIFTY OPENS BELOW 10,400 | TODAY STOCK MARKET REPORT OUTLOOK 28 NOV 2017.

INDEX LEVELS UPDATE

SENSEX (28th NOV 2017) Trend : up Preopening Price : 33226.51 Gap up : 2.21.73 ( 0.1%) Support : 31300 -31700 Resistance: 32200 - 33750

NIFTY (28th NOV 2017) Trend : up Preopening Price : 10387.05 Gap down : - 11.65 (-0.11%) Support : 9825 - 9875 Resistance : 10300- 10550 

BANK NIFTY (28th NOV 2017) Trend : up Preopening Price: 25830.45 Gap down : - 61.50 (- 0.24%) Support : 24000-24350 Resistance :25150-25850 

STOCK MARKET UPDATE

Equity benchmarks opened mildly lower on Tuesday, weighed by profit booking. The market rallied for previous eight consecutive sessions.

The 30-share BSE Sensex was down 32.62 points at 33,691.82 and the 50-share NSE Nifty fell 11 points to 10,388.50.

Power Grid, NTPC, ITC, IOC, Bharti Airtel, ICICI Bank, Tata Motors, Tech Mahindra, Bharti Infratel and Infosys were early losers.

Tata Power, HUL, Cipla, IndusInd Bank, HDFC Bank, Ambuja Cements and UltraTech Cement were early gainers

SENSEX,NIFTY OPEN LOWER AFTER S&P REAFFIRMS INDIA RATING | TODAY STOCK MARKET OUTLOOK 27 NOV 2017.

INDEX MARKET UPDATE

SENSEX (27th NOV 2017) Trend : up Preopening Price : 33640.51 Gap up : - 38.73 ( - 0.1%) Support : 31300 -31700 Resistance: 32200 - 33750  

 
NIFTY (27th NOV 2017) Trend : up Preopening Price : 10361.05 Gap down : - 28.65 ( 0.28%) Support : 9825 - 9875 Resistance : 10300- 10550

BANK NIFTY (27th NOV 2017) Trend : up Preopening Price: 25693.05 Gap down : - 86.60 (- 0.34%) Support : 24000-24350 Resistance :25150-25850

STOCK MARKET UPDATE

Equity benchmarks started off the week on a negative note on Monday, weighed by banks after the S&P retained its India’s rating at BBB- and outlook stable. Weak Asian cues also weighed on sentiment.

The 30-share BSE Sensex was down 77.25 points at 33,601.99 and the 50-share NSE Nifty fell 35.30 points to 10,354.40.

ONGC, L&T, Bosh, Dr Reddy's Labs and Power Grid were early gainers while Sun Pharma, Vedanta, HPCL and Tata Motors were losers.

Nifty Midcap was down 0.4 percent.

Bharat Bijlee, Suzlon Energy, Autoline Industries, GPT Infra, Inox Wind and KEC International gained 1-5 percent.

Quess Corp, Edelweiss Financial, Reliance Communications, SBI, Bank of Baroda, Axis Bank, Yes Bank, BHEL and Crompton Consumer were under pressure.

Asian indexes edged down despite the firmer lead from Wall Street last week. Chinese markets traded lower as investors kept an eye on developments in the bond market while South Korea's Kospi slid on weakness in tech names.

SENSEX OPENS HIGHER,NIFTY ABOVE 10,350 | TODAY STOCK MARKET OUTLOOK 24 NOV 2017.

INDEX MARKET LEVELS

SENSEX (24th NOV 2017) Trend : up Preopening Price : 33670.82 Gap up : 82.38 ( 0.24%) Support : 31300 -31700 Resistance: 32200 - 33750

NIFTY (24th NOV 2017) Trend : up Preopening Price : 10366.90 Gap up : 18.85 ( 0.17%) Support : 9825 - 9875 Resistance : 10300- 10550 

BANK NIFTY (24th NOV 2017)Trend : up Preopening Price: 25776.90 Gap up : 40.35 ( 0.16%) Support : 24000-24350 Resistance :25150-25850

STOCK MARKET NEWS

Frontline indices began on a positive note, with the Nifty opening above 10,350-mark. Midcap index was trading at a record high, but at par with the benchmarks.

The Sensex was up 70.74 points at 33658.82, while the Nifty is up 23.00 points at 10371.80. The market breadth was positive as 641 shares advanced, against a decline of 227 shares, while 33 shares were unchanged.

Bajaj Auto, Cipla and Bharti Infratel gained the most on both indices, while HUL, Asian Paints, Zee Entertainment and HPCL were the top losers.

The Indian rupee opened flat at 64.58 per dollar on Friday versus previous close 64.58.

Bhaskar Panda of HDFC Bank said, "The dollar had lost some sheen yesterday after FOMC minutes cautious about inflation. In Indian markets, the rupee gained on the hopes of a favourable S&P decision after Moody's upgraded India ratings."

Expect USD-INR pair to trade within a range of 64.50-64.70 today with a further appreciation bias."

Asian markets were mixed, following a relatively quiet overnight trading session as U.S. markets had been closed for the Thanksgiving holiday. Investors also kept an eye on Chinese markets, which bounced back after taking a tumble in the last session.

SENSEX, NIFTY TRADE FLAT AFTER OPENING HIGHER | TODAY STOCK MARKET OUTLOOK 23 NOV 2017.

STOCK MARKET NEWS 

Equity benchmarks opened mildly higher on Thursday but immediately erased those gains to trade flat. Investors closely watch crude oil prices movement and other global cues due to lack of domestic cues.

The 30-share BSE Sensex was down 23.63 points at 33,537.92 and the 50-share NSE Nifty fell 4.80 points to 10,337.50.

About 719 shares advanced against 409 declining shares on the BSE.

Bharti Airtel, Bosch, Bharti Infratel, Infosys and Power Grid were early gainers.

Dr Reddy's Labs, UltraTech Cement, Asian Paints, Zee Entertainment and Axis Bank were early losers.

ICICI Prudential Life, HDFC Standard Life and SBI Life were under pressure, falling 2-4 percent.
Quess Corp plunged 6 percent as Thomas Cook (up 4.5 percent) is selling some stake in the company.PC Jeweller, VIP Industries and ACE gained 2-4 percent.

SENSEX RISES 100 PTS, NIFTY RECLAIMS 10,350 AT OPEN | TODAY STOCK MARKET NEWS OUTLOOK 22 NOV 2017.

MARKET LEVELS UPDATES

SENSEX (22th NOV 2017) Trend : up Preopening Price : 33569.07 Gap up : 90.72 ( 0.27%) Support : 31300 -31700 Resistance: 32200 - 33750 

NIFTY (20th NOV 2017) Trend : up Preopening Price : 10350.80 Gap up : 23.90 ( 0.23%) Support : 9825 - 9875 Resistance : 10300- 10550

BANK NIFTY (22th NOV 2017) Trend : up Preopening Price: 25805.65 Gap up : 48.15 ( 0.19%) Support : 24000-24350 Resistance :25150-25850 

STOCK MARKET NEWS

Equity benchmarks started off trade on a positive note, with the Nifty reclaiming 10,350 level, tracking positive lead from Asian peers.

The 30-share BSE Sensex was up 95.75 points at 33,574.10 and the 50-share NSE Nifty gained 29.80 points at 10,356.70.

About 803 shares advanced against 291 declining shares on the BSE.

Yes Bank, NTPC, Ambuja Cements, Zee Entertainment, Reliance Industries, Tata Motors and Bosch were early gainers.

Bata, Liberty Shoes, Relaxo Footwears, Superhouse and Mirza International gained 1-5 percent as sources told CNBC-TV18 that cabinet may consider package for leather sector today.

Future Retail, TeamLease Services, NCC, BGR Energy Systems and DHFL rallied 2-7 percent.

Asia markets traded higher, taking overnight cues from Wall Street where stocks rose to record highs.

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.

SENSEX GAINS 100 PTS,NIFTY ABOVE 10,300 AT OPEN | TODAY STOCK MARKET REPORT 21 NOV 2017.

STOCK MARKET NEWS

CAPITAL WAYS FINANCIAL SERVICES

Equity benchmarks opened higher on Tuesday, continuing up move for fourth consecutive session while the broader markets also participated in rally, backed by positive global cues.

The 30-share BSE Sensex was up 109.13 points at 33,469.03 and the 50-share NSE Nifty rose 30 points to 10,328.80.

About 892 shares advanced against 258 declining shares on the BSE.

Yes Bank, Reliance Industries, Vedanta, Cipla, Wipro, Tech Mahindra, Tata Motors, Bajaj Finance and Bharti Airtel were early gainers while TCS, L&T and NTPC were losers.

SKM Egg and Venkys gained 4-11 percent.

L&T Finance Holdings fell 3 percent after big block deals.

Jet Airways fell 4 percent post analysts meet.

Quess Corp was up 8 percent after acquisition of 51 percent equity stake in Tata Business Support Services Limited.

SENSEX UP 400 PTS,NIFTY BANK AT NEW HIGH | TODAY STOCK MARKET NEWS OUTLOOK 17 NOV 2017.

STOCK MARKET NEWS

Nifty tips

Bulls continued to keep tight control over Dalal Street for second consecutive session as the Sensex rallied nearly 400 points, driven by banks after Moody's upgraded the Government of India's local and foreign currency issuer ratings.

The 30-share BSE Sensex was up 396.36 points or 1.20 percent at 33,503.18 and the 50-share NSE Nifty gained 117.10 points or 1.15 percent at 10,331.90.

Nifty Bank hit fresh record high as Moody's Investors Service has today upgraded the Government of India's local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive.

Moody's has also upgraded India's local currency senior unsecured rating to Baa2 from Baa3 and its short-term local currency rating to P-2 from P-3.

The decision to upgrade the ratings is underpinned by Moody's expectation that continued progress on economic and institutional reforms will, over time, enhance India's high growth potential and its large and stable financing base for government debt, and will likely contribute to a gradual decline in the general government debt burden over the medium term.

Vijaya Bank, PNB, Bank of Baroda, IDBI Bank, Just Dial, Edelweiss Financial, Petronet LNG, Suzlon Energy, Religare Enterprises, L&T Finance, Indiabulls Real, DLF, Nitesh Estates and Puravankara rallied 2-10 percent.

SENSEX REBOUNDS 100 PTS,NIFTY RECLAIMS 10,150 | TODAY STOCK MARKET NEWS OUTLOOK 16 NOV 2017.

MARKET LEVELS UPDATE

SENSEX (16th NOV 2017) Trend : up Preopening Price : 32829.82 Gap up : 69.38 ( 0.21%) Support : 31300 -31700 Resistance: 32200 - 33750

NIFTY (16th NOV 2017) Trend : up Preopening Price : 10152.90 Gap up : 34.85 ( 0.34%) Support : 9825 - 9875 Resistance : 10300- 10550 

BANK NIFTY (16th NOV 2017)Trend : up Preopening Price: 25292.90 Gap up : 74.00 ( 0.29%) Support : 24000-24350 Resistance :25150-25850

STOCK MARKET NEWS

Equity benchmarks rebounded on Thursday after seeing a fall for previous three consecutive sessions, backed by beaten down stocks. Asian markets barring China also traded higher.

The 30-share BSE Sensex was up 96.78 points at 32,857.22 and the 50-share NSE Nifty gained 29 points at 10,147.

Bharti Infratel rallied 2 percent after 8 percent fall in previous two straight sessions.

Aurobindo Pharma, Tata Motors, Ambuja Cements, Tata Steel, Reliance Industries and SBI were early gainers while Coal India, HUL, HCL Technologies and GAIL were under pressure.

Nifty Midcap was up 0.4 percent.

Jubilant Foodworks was up 1.5 percent as brokerage houses remained positive on the stock.

Anil Dhirubhai Ambani Group stocks like Reliance Communications, Reliance Power and Reliance Capital extended losses, falling 2-4 percent but Reliance Nippon gained 3 percent.

Religare Enterprises added another 10 percent today, on top of 10 percent rally seen in previous session.Westlife Development, TD Power, New India Assurance, Speciality Restaurants, Jain Irrigation, Manappuram Finance, HDIL, Just Dial, MMTC and Hindustan Copper gained 1-5 percent.          

NIFTY OPENS BELOW 10300, SENSEX MILDLY LOWER | TODAY STOCK MARKET OUTLOOK 10 NOV 2017.

INDEX MARKET UPDATE

SENSEX (10th NOV 2017) Trend : up Preopening Price : 33230.30 Gap up : 11.49 ( 0.03%) Support : 31300 -31700 Resistance: 32200 - 33750

NIFTY (10th NOV 2017) Trend : up Preopening Price : 10304.40 Gap up: 1.25 ( 0.01%) Support : 9825 - 9875 Resistance : 10300- 10550 

BANK NIFTY (10th NOV 2017)Trend : up Preopening Price: 25291.35 Gap up : 107.00 ( 0.42%) Support : 24000-24350 Resistance :25150-25850

STOCK MARKET NEWS

Equity benchmarks opened mildly lower on last day of the week Friday, with the Nifty falling below 10,300 level. Investors focussed on GST meet outcome and SBI earnings later today.

The 30-share BSE Sensex was down 67.70 points at 33,183.23 and the 50-share NSE Nifty fell 24.80 points to 10,284.20.

Aurobindo Pharma, Jindal Steel, SBI and HUL were mildly higher. Tata Motors, M&M, BPCL, Bosch, Motherson Sumi, Axis Bank and Hero MotoCorp were early losers.

Just Dial was up 11% as media report indicated that Google is in talks with the Mumbai-based service engine to acquire its business.SRF, TV Today and Aptech were losers. SAIL, CG Power, PTC, DFM Foods and Den Networks were gainers post earnings.

SENSEX REBOUNDS 150 PTS,NIFTY ABOVE 10350 | TODAY STOCK MARKET NEWS OUTLOOK 09 NOV 2017.

INDEX MARKET LEVELS

SENSEX (9th NOV 2017) Trend : up Preopening Price : 33376.62 Gap up : 157.81 ( 0.48%) Support : 31300 -31700 Resistance: 32200 - 33750

NIFTY (9th NOV 2017) Trend : up Preopening Price : 10358.65 Gap up: 55.50 ( 0.54%) Support : 9825 - 9875 Resistance : 10300- 10550 

BANK NIFTY (9th NOV 2017)Trend : up Preopening Price: 25281.00 Gap up : 96.65 ( 0.38%) Support : 24000-24350 Resistance :25150-25850

STOCK MARKET NEWS

Equity benchmarks opened sharply higher after correction seen in previous two consecutive sessions, backed by positive global cues and a bit of short covering in beaten down stocks.

The 30-share BSE Sensex was up 155.34 points at 33,374.15 and the 50-share NSE Nifty gained 48.30 points at 10,351.50.

Reliance Industries, Tata Motors, ICICI Bank, IOC, HUL, SBI, Vedanta, HPCL, Axis Bank, Sun Pharma, Bharti Airtel and Tata Steel gained 1-2 percent while Coal India, IndusInd Bank, Eicher Motors and Infosys were under pressure.

Nifty Midcap rallied 0.9 percent on strong market breadth. About five shares advanced for every share falling on the BSE.

Meghmani Organics, Bombay Dyeing, Petronet LNG, Muthoot Finance, Pidilite Industries, VA Tech Wabag, ITD Cementation and Voltas were up 1-10 percent post earnings.HSIL, Nitco Tiles, Cera Sanitaryware, Kajaria Ceramics, CG Consumer and Havells gained 1-5 percent.

SENSEX OPENS HIGHER, NIFTY ABOVE 10,350 | TODAY STOCK MARKET NEWS OUTLOOK 08 NOV 2017.

STOCK MARKET NEWS

NIFTY TIPS 

Equity benchmarks opened mildly higher amid consolidation after sharp fall seen in previous session. Investors will closely watch crude oil price movement and corporate earnings.

The 30-share BSE Sensex was up 33.45 points at 33,404.21 and the 50-share NSE Nifty gained 11.90 points at 10,362.10.

The broader markets gained 0.2 percent. About 818 shares advanced against 358 declining shares on the BSE.

Cipla surged 3 percent post better-than-expected earnings.

Lupin was up 1.6 percent on short covering as company said it would try to resolve warning letter early.

Bharti Airtel plunged 4 percent as sources told CNBC-TV18 that three investors will sell stake in company today.

After earnings, DCB Shriram, Polaris Consulting, L&T Technology and Ballarpur Industries gained 3-8 percent while Manappuram Finance, Vinati Organics and Tata Coffee were down 2-4 percent.

SENSEX HITS RECORD HIGH IN OPENING ,NIFTY INCHES TOWARDS 10,500 | TODAY STOCK MARKET OUTLOOK 07 NOV 2017.

INDEX MARKET LEVELS

SENSEX (7th NOV 2017) Trend : up Preopening Price : 33781.01 Gap up : 49.82 ( 0.15%) Support : 31300 -31700 Resistance: 32200 - 33750

NIFTY (7th NOV 2017) Trend : up Preopening Price : 10477.15 Gap up: 25.35 ( 0.24%) Support : 9825 - 9875 Resistance : 10080- 10400 

BANK NIFTY (7th NOV 2017)Trend : up Preopening Price: 25669.10 Gap up : 97.95 ( 0.38%) Support : 24000-24350 Resistance :25150-25850

STOCK MARKET UPDATE

Equity benchmarks opened higher on Tuesday, with the Sensex hitting fresh record high, tracking positive global cues.

The 30-share BSE Sensex was up 112.99 points at 33,844.18 and the 50-share NSE Nifty rose 31.40 points to 10,483.20.

About three shares advanced for every share falling on the BSE.

ONGC gained 2 percent on higher crude oil prices. Brent crude oil futures climbed USD 64 per barrel.

GAIL, Vedanta, Aurobindo Pharma, Bharti Airtel and Bajaj Finance were early gainers while HPCL, BPCL, Yes Bank, Coal India and Wipro were losers.

Biocon, Reliance Communications and Tata Chemicals gained 1-4 percent.

PSU companies continued to be in focus after MMTC and STC merger news. MMTC rallied 17 percent and STC gained 8 percent on hopes of merger. Hindustan Copper, FACT, RCF, Engineers India and MTNL were up 2-4 percent.

SENSEX,NIFTY OPEN THE WEEK MILDLY LOWER | TODAY STOCK MARKET OUTLOOK 06 NOV 2017.

STOCK MARKET BENCHMARKS 

CAPITAL WAYS FINANCIAL SERVICES

 The week mildly lower on Monday, tracking weakness in Asian peers. The broader markets outperformed benchmarks, with Midcap and Smallcap rising 0.2 percent each on positive breadth.

The 30-share BSE Sensex was down 39.69 points at 33,645.87 and the 50-share NSE Nifty fell 17.50 points to 10,435.

About 730 shares advanced against 525 declining shares on the BSE.

Bharti Airtel, Reliance Industries, HPCL and Dr Reddy's Labs were early losers while M&M, Indiabulls Housing, Bharti Infratel and ONGC were gainers.

Titan Company jumped 20 percent post strong Q2 numbers

PC Jeweller, Amtek Auto, Kitex Garments and VRL Logistics gained 2-13 percent.

SCI, Sical Logistics, UCO Bank, Inox Wind and MBL Infra were losers in early trade.

The Indian rupee slipped in early trade today. It has opened lower by 10 paise at 64.65 per dollar versus 64.55 Friday.

SENSEX ,NIFTY OPEN AT RECORD HIGH | TODAY STOCK MARKET NEWS OUTLOOK 03 NOV 2017.

INDEX LEVEL UPDATE

NIFTY (3rd NOV 2017) Trend : up Preopening Price : 10461.55 Gap up: 37.75 ( 0.36%) Support : 9825 - 9875 Resistance : 10080- 10400

SENSEX (3rd NOV 2017) Trend : up Preopening Price : 33667.34 Gap up : 94.12 ( 0.28%) Support : 31300 -31700 Resistance: 32200 - 33750

BANK NIFTY (3rd NOV 2017)Trend : up Preopening Price: 25531.40 Gap up : 104.10 ( 0.41%) Support : 24000-24350 Resistance :24750-25250 

STOCK MARKET NEW UPDATE

Equity benchmarks opened at fresh record high on last day of the week, backed by banks, metals and telecom stocks.

The 30-share BSE Sensex was up 88.97 points at 33,662.19 and the 50-share NSE Nifty rose 26.20 points to 10,450.

About 915 shares advanced against 290 declining shares on the BSE. Nifty Bank was up 115 points.

Hindalco rallied 2 percent after strong Novelis numbers. Vedanta gained a percent post earnings.

Axis Bank, Yes Bank, SBI, Aurobindo Pharma and Lupin were early gainers.

PNB, Tata Power, PFC and Titan Company were up around a percent ahead of earnings later today.

Glenmark Pharma, Power Grid, Andhra Bank, HCC, Berger Paints, Dalmia Bharat Sugar and Akzo Nobel were under pressure post earnings.

Ujjivan Financial, GE T&D, HEG, KSB Pumps, Deepak Fertilizers and Excel Crop Care rallied 4-20 percent post earnings.Graphite India was up 5 percent, Hathway Cable surges 20 percent and Lakshmi Vilas Bank was up 5 percent. Torrent Pharma and Unichem Labs were up 1-4 percent.

NIFTY OPENS ABOVE 10,400 SENSEX FLAT | TODAY STOCK MARKET NEWS OUTLOOK 02 NOV 2017.

STOCK MARKET NEWS

Equity benchmarks opened flat on Thursday after the Federal Reserve kept interest rate unchanged in policy meeting.

The 30-share BSE Sensex was down 8.11 points at 33,592.16 and the 50-share NSE Nifty fell 6.10 points to 10,434.40.

Aurobindo Pharma, Lupin, Sun Pharma, HCL Technologies, Bajaj Auto, Cipla, HPCL, BPCL and Yes Bank were early gainers. Axis Bank, SBI, NTPC, ONGC, HUL and Hindalco were early losers.

After earnings, Tech Mahindra was down 2 percent while Hexaware gained 4 percent.

Dredging Corporation rallied 10 percent on top of 20 percent jump seen in previous session post divestment news.

After Q2 earnings, Shriram Transport and TCI Express rallied 2-6 percent while Apollo Tyres, Camlin Fine, Eclerx Services, Mahindra Holidays, Music Broadcast and Apar Industries fell 1-6 percent.Jindal Steel and JSW Energy fell 2-3 percent. Rain Industries and Hindustan Copper rallied 3-7 percent.