Thursday 2 November 2017

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


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 


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.













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