Thursday 9 November 2017

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


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.

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