SENSEX, Nifty Open Flat on First Day of New Year; Midcaps Outperform | Today Stock Market Outlook 01 JAN 2018.

Benchmark Indices

began the New Year on a flat note, but the midcaps were trading higher and outperforming the benchmarks in the opening tick.

At 09:16 hrs IST, the Sensex is up 11.14 points at 34067.97, while the Nifty was down 11.40 points or 0.11% at 10519.30. The market breadth was positive as 576 shares advanced against a decline of 178 shares, while 2,878 shares were unchanged.

Among stocks, State Bank of India (SBI), L&T, Hero MotoCorp and GAIL were the top gainers, while HUL, Wipro and Infosys were the top losers.

In the currency space, Indian rupee opened marginally higher at 63.84 per dollar on Monday versus 63.87 Friday.

Pramit Brahmbhatt of Veracity said, "The rupee will trade on a flat note. We expect the spot USD-INR pair to trade in a range of 63.50-64."

According to Ajay Manglunia of Edelweiss, the volatility in the bond markets is expected to persist over the next few sessions."

Nifty Starts Jan Series Above 10,500, Sensex Gains 100 Pts | Today Stock Market Outlook 29 Dec 2017.

INDEX MARKET LEVELS

NIFTY (29th Dec  2017)     Trend : up Preopening Price : 10493.00 Gap up : 15.65 (0.15%) Support :  10220-10333 Resistance : 10620-10689

SENSEX (29th Dec 2017)  Trend : up Preopening Price : 33902.35 Gap up : 54.90 ( 0.16%) Support :  33545 -33720 Resistance: 34120 - 34330 

BANK NIFTY (29th Dec 2017) Trend : up Preopening Price: 25484.05 Gap down : -5.85 (-0.02%) Support : 25250-25150 Resistance :25750-25950   

STOCK MARKET NEWS

Equity benchmarks started off the January series on a strong note as the Nifty reclaimed 10,500 level, backed by positive Asian cues.

The 30-share BSE Sensex was up 94.26 points at 33,942.29 and the 50-share NSE Nifty rose 26.30 points to 10,504.20.

Tata Steel, Vedanta, Bosch, UPL, Eicher Motors, Hero MotoCorp and SBI were early gainers while HDFC Bank, ICICI Bank and Kotak Mahindra Bank were under pressure.

Nifty Midcap was up 0.6 percent.

Reliance Communications surged 28 percent on sealing wireless assets deal with Reliance Jio.

Nifty Above 10,500 in Opening, Midcap Outperforms Sensex | Today Stock Market Outlook 28 Dec 2017.

INDEX MARKET NEWS

SENSEX (28th Dec 2017)  Trend : up Preopening Price : 33934.35 Gap up : 22.90 ( 0.07%) Support :  33745 -33920 Resistance: 34120 - 34330

NIFTY (28th Dec  2017)     Trend : up Preopening Price : 10501.00 Gap up : 9.50 (0.55%) Support :  10220-10333 Resistance : 10620-10689 

BANK NIFTY (28th Dec 2017) Trend : up Preopening Price: 25460.05 Gap down : -32.85 (-0.13%) Support : 25250-25150 Resistance :25750-25950   

STOCK MARKET NEWS

Equity benchmarks rebounded with mild gains amid volatility on Thursday morning, ahead of expiry of December futures and options contracts.

The 30-share BSE Sensex was up 51.96 points at 33,963.77 and the 50-share NSE Nifty gained 21 points at 10,511.80.

Hindalco Industries, Vedanta, Aurobindo Pharma, BPCL, Lupin, HUL, Tata Steel, Coal India and Dr Reddy's Labs were early gainers.

The Nifty Midcap was up 0.24 percent.

Star Cement, Monnet Ispat, Reliance Communications, Kolte-Patil Developers and Hindustan Copper rallied 4-12 percent.

The Indian rupee has slipped to its lowest level since December 18, trading at around 64.26 against the US dollar while 10-year bond yield rose to 7.33 percent, the highest level since July 13, 2016.

Sensex Opens Above 34,000, Nifty Trades Flat | Today Stock Market Outlook 27 Dec 2017.

INDEX MARKET LEVELS

NIFTY (27th Dec  2017)     Trend : up Preopening Price : 10531.00 Gap down : -45 (0.0%) Support :  10220-10333 Resistance : 10620-10689

SENSEX (27th Dec 2017)  Trend : up Preopening Price : 34070.35 Gap up :65 ( 0.19%) Support :  33745 -33920 Resistance: 34120 - 34330 

BANK NIFTY (27th Dec 2017) Trend : up Preopening Price: 25652.05 Gap down : -22.85 (-0.9%) Support : 25250-25150 Resistance :25750-25950  

STOCK MARKET NEWS

Equity benchmarks started off trade on a flat note on Wednesday due to lack of global and domestic cues.

The 30-share BSE Sensex was up 34.98 points at 34,045.59 and the 50-share NSE Nifty fell 4.60 points to 10,526.90. About 907 shares advanced against 334 declining shares on the BSE.

Vedanta, GAIL, Yes Bank, Cipla, Dr Reddy's Labs, Tata Steel, Hero Motocorp, UPL and Maruti Suzuki were early gainers.

BPCL, UltraTech Cement, Indiabulls Housing, ICICI Bank, Coal India, IOC and HPCL were under pressure.

Reliance Communications surged 20 percent on mega debt restructuring plan.

Sanghi Industries, Prestige Estates, Aban Offshore, Prataap Snacks, ITD Cementation, Glenmark Pharma, Jaiprakash Associates, Jindal Steel and Lanco Infratech rallied 1-8 percent.

Sensex Hits 34000 For First Time, Nifty at Record High | Today Stock Market News Outlook 26 DEC 2017.

STOCK MARKET NEWS

The Indian market began the truncated week on a positive note, with the Nifty trading above 10,500-mark.

At 09:16 hrs IST, the Sensex is up 60.81 points or 0.18% at 34001.11, while the Nifty is up 7.30 points or 0.07% at 10500.30. The market breadth was positive as 596 shares advanced, against a decline of 163 shares, while 81 shares were unchanged.

TCS, BHEL, Tata Power and GAIL were the top gainers, while Tata Motors DVR, ITC, Infosys and Sun Pharma lost the most.

The Indian rupee opened marginally higher at 64.03 per dollar on Tuesday versus 64.05 on Friday.

Bhaskar Panda of HDFC Bank said, "The Catalan vote roiled global markets before Christmas. However, cheer in Indian markets seem to be continuing. Hence, I expect the INR appreciation trend to continue. Range for the day seen between 63.90-64.10."

He further added, "The Indian 10-year benchmark yield has been continuously moving higher. It may continue to consolidate within a range of 7.25-7.30 percent for today."

The dollar index held steady shrugging off upbeat Japanese economic data.

Asian markets were mixed early in the Tuesday session in what's likely to be light, holiday-week trading.

Japan's benchmark Nikkei 225 index came under slight pressure after closing at a 26-year high in the last session, despite thin holiday trade. The index traded lower by 0.1 percent as most technology and auto names drifted lower. Energy-related companies, however, made gains as oil priced nudged higher.

Nifty Above 10,450, Sensex Mildly Higher | Today Stock Market Outlook 22 Dec 2017.

INDEX MARKET LEVELS

SENSEX (22th Dec 2017) Trend : up Preopening Price : 33770.35 Gap up : 12.61 ( 0.4%) Support : 33345 -33120 Resistance: 33920 - 33830

NIFTY (22th Dec 2017) Trend : up Preopening Price : 10460.00 Gap up : 17 ( 0.16%) Support : 10220-10333 Resistance : 10520-10589 

BANK NIFTY (22th Dec 2017) Trend : up Preopening Price: 25615.05 Gap up : 62.85 ( 0.24%) Support : 24000-24350 Resistance :25150-25850

STOCK MARKET NEWS

Equity benchmarks started off last day of the week on a positive note, with the Nifty reclaiming 10,450 level.

The 30-share BSE Sensex was up 73.79 points at 33,830.07 and the 50-share NSE Nifty gained 21.50 points at 10,461.80.

About 907 shares advanced against 260 declining shares on the BSE.

TCS was up nearly a percent after report indicated that the company renewed USD 2.25 billion deal with Nielsen till 2020 and also after Accenture earnings.

Aurobindo Pharma, L&T, Vedanta, Eicher Motors, HDFC Bank and UPL were early gainers while BPCL, Bajaj Auto, HCL Technologies, Bharti Infratel, Power Grid and ICICI Bank were losers.Reliance Infrastructure, NHPC, PVR, Reliance Naval, Britannia Industries, DB Realty, Aditya Birla Money and Religare Enterprises rallied 2-20 percent.

Sensex Rebounds, Nifty Opens Above 10,450 | Today Stock Market Outlook 21 Dec 2017.

INDEX LEVELS UPDATE

NIFTY (21th Dec 2017) Trend : up Preopening Price : 10477.40 Gap up : 33.20 ( 0.32%) Support : 9825 - 9875 Resistance : 10080- 10380

SENSEX (21th Dec 2017) Trend : up Preopening Price : 33847.35 Gap up : 73.61 ( 0.21%) Support : 31300 -31700 Resistance: 32200 - 33750

BANK NIFTY (21th Dec 2017) Trend : up Preopening Price: 25608.25 Gap up : 62.85 ( 0.06%) Support : 24000-24350 Resistance :25150-25850

STOCK MARKET NEWS

Equity benchmarks rebounded in opening on Thursday, with the Nifty reclaiming 10,450 level, backed by select auto, technology, metals and pharma stocks.

The 30-share BSE Sensex was up 64.49 points at 33,841.87 and the 50-share NSE Nifty rose 20 points to 10,464.20. About 984 shares advanced against 265 declining shares on the BSE.

Bharti Airtel, Axis Bank, Wipro, IndusInd Bank, ICICI Bank and Kotak Mahindra Bank were early losers. Hero MotoCorp, GAIL, Hindalco, Eicher Motors, Maruti Suzuki and UPL were early gainers

Mahindra and Mahindra was down 1.4 percent as stock trades ex-bonus today. Nifty Midcap was up 0.5 percent.

Sensex, Nifty Trade Lower After Hitting Record Highs in Opening | Today Stock Market Outlook 20 Dec 2017.

MARKET LEVELS UPDATE

SENSEX (20th Dec 2017)  Trend : up Preopening Price : 33930.35 Gap up : 93.61 ( 0.28%) Support :  31300 -31700 Resistance: 32200 - 33750

NIFTY (20th Dec  2017)     Trend : up Preopening Price : 10494.00 Gap up : 31.20 ( 0.30%) Support :  9825 - 9875 Resistance : 10080- 10380 

BANK NIFTY (20th Dec 2017) Trend : up Preopening Price: 25779.05 Gap up :  62.85 ( 0.24%) Support : 24000-24350 Resistance :25150-25850   

STOCK MARKET NEWS

Equity benchmarks started off trade at record highs on Wednesday, but immediately slipped into red to trade volatile.

The 30-share BSE Sensex was down 18.70 points at 33,818.04 and the 50-share NSE Nifty fell 12.40 points to 10,450.80.

About 785 shares advanced against 445 declining shares on the BSE.

Tata Steel, UltraTech Cement, Dr Reddy's Labs, SBI, L&T, HUL and Power Grid were early losers while ONGC, Coal India, Maruti Suzuki, GAIL, M&M and Hero MotoCorp were gainers.

Nifty Midcap was flat.

Religare Enterprises rallied 5 percent and Edelweiss Financial was up 1.7 percent. Edelweiss Financial will buy Religare's securities business which includes securities & commodities broking & depository participants services.

Nifty Above 10,400, Sensex Gains 100 Pts | Today Stock Market Outlook 19 Dec 2017.

INDEX LEVELS UPDATE

NIFTY (19th Dec  2017)     Trend : up Preopening Price : 10414.80 Gap up : 26.05 ( 0.25%) Support :  9825 - 9875 Resistance : 10080- 10380

SENSEX (19th Dec 2017)  Trend : up Preopening Price : 33732.08 Gap up : 130.40 ( 0.39%) Support :  31300 -31700 Resistance: 32200 - 33750 

BANK NIFTY (19th Dec 2017) Trend : up Preopening Price: 25640.90 Gap up :  46.35 ( 0.18%) Support : 24000-24350 Resistance :25150-25850   

STOCK MARKET NEWS

Equity benchmarks extended previous day's rally on Tuesday opening, with the Sensex rising more than 100 points, following positive global cues.

The 30-share BSE Sensex was up 112.49 points at 33,714.17 and the 50-share NSE Nifty rose 35.90 points to 10,424.70. About 786 shares advanced against 221 declining shares on the BSE.

Eicher Motors, UPL, Aurobindo Pharma, Vedanta, Tata Motors, Tata Steel, SBI and Yes Bank were early gainers while Bharti Airtel, HDFC, TCS, Wipro and Infosys were losers.

M&M, PI Industries and Titan Company hit fresh record highs.

The Nifty Midcap index gained 0.6 percent and Nifty Bank was up 0.4 percent.

Godawari Power, REC, PFC, Indiabulls Real Estate, PNB, Titan Company, JM Financial and NMDC were up 1-4 percent.

Sensex Sinks 800 Pts,Nifty Falls 200 PTS | TODAY MAREKT TREND OUTLOOK 18 DEC 2017.

Gujarat trends predict BJP upset

Benchmarks stated off the week sharply lower on Monday as latest voting counts indicated that BJP is leading in both states (Gujarat and Himachal Pradesh) but with small margin.

The 30-share BSE Sensex was down 740.11 points or 2.21 percent at 32,722.86 and the 50-share NSE Nifty fell 208.80 points or 2.02 percent to 10,124.50.

Out of 30 stocks, only 1 stock is trading in green, which is Cipla after getting tentative approval from the US Food and Drug Administration for HIV drug, Darunavir hydrate (75-800 mg).

About five shares declined for every share rising on the BSE.

The Indian rupee was sharply lower by 25 paise to 64.29 against the US dollar in early trade, following weakness in equity markets.

Asian markets were mixed amid optimism that a plan to reduce corporate taxes would be passed in the US.

Sensex Erases Opening Gains, Nifty Around 10,200 After Fed Rate Hike | Today Stock Market News Outlook 14 DEC 2017.

STOCK MARKET NEWS

Equity benchmarks rebounded with mild gains in opening on Thursday after Federal Reserve expectedly hiked interest rate by 25 bps. Investors remained cautious ahead of exit polls after the second phase of Gujarat elections today.

The 30-share BSE Sensex was up 46.73 points at 33,099.77 and the 50-share NSE Nifty rose 18 points to 10,211.

Vedanta, ONGC, GAIL, HPCL, Tech Mahindra, Dr Reddy's Labs, Aurobindo Pharma, Infosys, Hero MotoCorp and Ambuja Cements were early gainers while TCS, IndusInd Bank and Maruti Suzuki were losers.

The Nifty Midcap index was up 0.5 percent as about five shares advanced for every share falling on the NSE.

.

Oberoi Realty, S Chand, Prataap Snacks and Prabhat Dairy rallied 2-6 percent.

Sensex Opens Lower, Nifty Below 10,250 | Today Stock Market Report Update 13 Dec 2017.

STOCK MARKET NEWS

Benchmark indices began the day on a lower note, with the Sensex falling nearly 100 points in the first minutes of trade before cutting those losses, while the Nifty was down by almost quarter of a percent.

At 09:17 hrs IST, the Sensex was down 91.65 points at 33136.34, while the Nifty fell 23.00 points or 0.22% at 10217.20. The market breadth was narrow as 409 shares advanced against a decline of 305 shares, while 43 shares were unchanged.

Dr Reddy’s Labs continued its uptrend from Tuesday, along with Bharti Airtel, which gained 1 percent. Both were top gainers on Sensex and Nifty, while ITC, SBI, Power Grid and Vedanta were the top losers.

Midcaps were trading weak, but fell lesser as compared to benchmarks, while Nifty PSU Bank index was down around half a percent.

The Indian rupee declined in the early trade on Wednesday. It has opened lower by 13 paise at 64.53 per dollar versus 64.40 Tuesday.

Sensex Opens in The Red, Nifty Gives Up 10,300 | Today Stock Market Outlook 12 Dec 2017.

INDEX LEVELS UPDATE

SENSEX (12th Dec 2017) Trend : up Preopening Price : 33426.59 Gap down : - 29.20( - 0.09%) Support : 31300 -31700 Resistance: 32200 - 33750

NIFTY (12th Dec 2017) Trend : up Preopening Price : 10324.90 Gap up : 2.65 ( 0.03%) Support : 9825 - 9875 Resistance : 10080- 10380 

BANK NIFTY (12th Dec 2017) Trend : up Preopening Price: 25413.40 Gap up : 8.55( 0.03%) Support : 24000-24350 Resistance :25150-25850

STOCK MARKET OUTLOOK

Equity benchmarks began the day on a flattish note with a hint of negative bias. Soon after the opening, indices moved in the red zone, with the Nifty giving up 10,300.

The Sensex was down 67.71 points at 33388.08, while the Nifty was down 26.60 points at 10295.70. The market breadth was narrow as 611 shares advanced against a decline of 577 shares, while 43 shares are unchanged.

Among sectors, banks have taken a hit, while midcaps are in tandem with benchmarks.

Dr Reddy’s Labs, ONGC, and GAIL were the top gainers on both indices, while Asian Paints, Coal India and HPCL lost the most.

On the global front, Asian shares were trying to string together a fourth session of gains on Tuesday as optimism about global growth looked set to outlast an almost certain hike in US borrowing costs this week.

The latest upbeat news came from China where banks doled out a surprisingly generous dose of credit in November, which could bode well for a pick up in retail sales and industrial output due later in the week.

Nifty Reclaims 10,300, Sensex Gains Over 100 PTS | Today Stock Market Update 11 DEC 2017.

INDEX MARKET LEVEL UPDATE

SENSEX (11th Dec 2017) Trend : up Preopening Price : 33348.29 Gap up : 97.99 ( 0.29%) Support : 31300 -31700 Resistance: 32200 - 33750

NIFTY (11th Dec 2017) Trend : up Preopening Price : 10308.60 Gap up : 42.95 ( 0.42%) Support : 9825 - 9875 Resistance : 10080- 10380 

BANK NIFTY (11th Dec 2017) Trend : up Preopening Price: 25434.75 Gap up : 113.60( 0.45%) Support : 24000-24350 Resistance :25150-25850

STOCK MARKET OUTLOOK

Equity benchmarks extended previous day's rally on Monday morning as all sectoral indices traded in green. Positive global cues after strong US jobs report also supported the market.

The 30-share BSE Sensex was up 141.65 points at 33,391.95 and the 50-share NSE Nifty rose 43 points to 10,308.70.
About five shares advanced for every share falling on the BSE.

SBI, Axis Bank, UltraTech Cement, Bharti Airtel, Maruti Suzuki, HDFC and Eicher Motors were early gainers while Infosys and HUL were losers.

The Nifty Midcap index was up 0.4 percent. Ucal Fuel surged 20 percent while Arvind, Jet Airways,

Nifty Reclaims 10,200 At Open; Sensex | Today Stock Market News Outlook 08 DEC 2017.

MARKET LEVELS UPDATE

SENSEX (8th Dec 2017) Trend : up Preopening Price : 33034.20 Gap up : 84.99 ( 0.26%) Support : 31300 -31700 Resistance: 32200 - 33750

NIFTY (8th Dec 2017) Trend : up Preopening Price : 10198.45 Gap up : 31.75 ( 0.31%) Support : 9825 - 9875 Resistance : 10080- 10380 

BANK NIFTY (8th Dec 2017) Trend : up Preopening Price: 25145.50 Gap up : 88.25( 0.35%) Support : 24000-24350 Resistance :25150-25850

STOCK MARKET NEWS

Equity benchmarks extended rally in opening on Friday, with the Sensex rising more than 150 points and the Nifty reclaiming 10,200 level on value buying and positive global cues.

Tata Motors, GAIL, Axis Bank, Kotak Mahindra Bank, ICICI Bank, Bajaj Auto, Bosch, Bajaj Finance and IndusInd Bank were early gainers.

The 30-share BSE Sensex was up 166.12 points at 33,115.33 and the 50-share NSE Nifty rose 50.30 points to 10,217. About 958 shares advanced against 263 falling shares on the BSE.

Bharti Infratel, NTPC, Lupin, Eicher Motors and HPCL were early losers.

Nifty Midcap and Nifty Bank indices gained more than 100 points.

Future Consumer, Shriram EPC, Escorts and Emami rallied 2-19 percent while Indian Hume Pipe and Jet Airways were under pressure post earnings, falling 3-6 percent.

Britannia Industries hit 52-week high and TVS Motor made a new high today.Asian markets were trading higher, tracking positive lead from Wall Street, as investors stateside awaited developments regarding tax reform. Markets also awaited the release of trade data out of China for clues about the health of its economy.

SENSEX REBOUNDS 100 PTS,NIFTY RECLAIMS 10,050 | TODAY STOCKS MARKET NEWS OUTLOOK 07 DEC 2017.

INDEX MARKET LEVELS

SENSEX (7th Dec 2017) Trend : up Preopening Price : 32615.05 Gap up : 17.87 ( 0.05%) Support : 31300 -31700 Resistance: 32200 - 33750

BANK NIFTY (7th Dec 2017) Trend : up Preopening Price: 24935.30 Gap up : 83.50( 0.34%) Support : 24000-24350 Resistance :25150-25850 

NIFTY (7th Dec 2017) Trend : up Preopening Price : 10063.45 Gap up : 19.35 ( 0.19%) Support : 9825 - 9875 Resistance : 10080- 1038

STOCK MARKET LEVELS

Equity benchmarks bounced back in opening, backed by short covering in beaten down stocks like banks, auto and metals stocks. The Sensex had fell more than 200 points in previous session.

The 30-share BSE Sensex was up 87.41 points at 32,684.59 and the 50-sahre NSE Nifty gained 28.40 points at 10,072.50.

JSW Steel, Tata Steel, SAIL, Aurobindo Pharma, GAIL, HPCL, Tech Mahindra, Eicher Motors, Bharti Airtel and Reliance Industries were early gainers while Bharti Infratel, Power Grid and UltraTech Cement were under pressure.

Nifty Midcap was up 0.35 percent and Nifty Bank gained 0.2 percent.

IRB Infrastructure shares fell nearly 4 percent after CBI filed a chargesheet against the company with Pune Sessions Court in illegal land purchase case. CBI had searched company's offices in Pune & Mumbai in January, 2015.

Fortis Healthcare was down 2.5 percent. 63 Moons plunged nearly 17 percent.

Petronet LNG, Bombay Dyeiing, Ansal Properties, Puravankara, Hansan Agro, Claris Life and United Breweries gained 1-3 percent.

Asian markets were mixed today, as the Nikkei 225 recouped some losses, trading 1.3 percent higher after falling around 2 percent on Wednesday.

SENSEX EXTENDS LOSSES AT OPEN,NIFTY BELOW 10,100 | TODAY STOCK MARKET OUTLOOK 06 DEC 2017.

STOCK MARKET NEWS

Equity benchmarks extended losses in opening on Wednesday, with the Nifty falling below 10,100 level, dragged by banking and financials as investors maintained cautious stance ahead of RBI policy decision.

The 30-share BSE Sensex was down 77.36 points at 32,725.08 and the 50-share NSE Nifty fell 31.90 points to 10,086.40.

About 692 shares declined against 451 advancing shares on the BSE.

Eicher Motors, Hindalco Industries, Bajaj Finance, Yes Bank, Indiabulls Housing, HDFC Bank, ICICI Bank, HUL, PNB, Bank of Baroda and Coal India were early losers while Infosys, Tech Mahindra, Cipla, IndusInd Bank and Dr Reddy's Labs were gainers.

Nifty Midcap was down 0.4 percent.

Dish TV, Hathway Cable and Voltas were down 1-4 percent. Balkrishna Industries, Shree Renuka, Balrampur Chini, Bajaj Hindusthan, Madras Fertilizers, RCF, Mangalore Chemicals, Prism Cement and JK Cement gained 1-6 percent.

SENSEX EXTENDS LOSSES,NIFTY TRADES BELOW 10,100 | TODAY STOCK MARKET NEWS UPDATE 05 DEC 2017.

INDEX MARKET LEVEL

NIFTY (5th Dec 2017) Trend : up Preopening Price : 10118.25 Gap down : - 9.50 (- 0.09%) Support : 9825 - 9875 Resistance : 10080- 10380

SENSEX (5th Dec 2017) Trend : up Preopening Price : 32814.03 Gap down : -55.69 ( - 0.17%) Support : 31300 -31700 Resistance: 32200 - 33750 

SHARE MARKET NEWS UPDATE

Equity benchmarks opened mildly lower on Tuesday following tepid Asian cues. Investors remained cautious ahead of mid-term review of foreign trade policy due later today and RBI policy tomorrow.

The 30-share BSE Sensex was down 68.74 points at 32,800.98 and the 50-share NSE Nifty declined 19.30 points to 10,108.50.

Wipro, NTPC, IOC, Tech Mahindra, Power Grid, ONGC, L&T and HDFC Bank were early losers while Bosch, Bharti Airtel, HPCL, BPCL, Kotak Mahindra Bank, Tata Motors, M&M and Maruti Suzuki were gainers.

Nifty Midcap was down 0.2 percent.

Future Retail, Ashok Leyland, Reliance Communications and Jaiprakash Associates fell 1-5 percent.

Bharat Forge and Transformers and Rectifiers gained 2-4 percent.

Sensex Off Opening High, Nifty Breaks 10,100 | Today Stock Market Tips Update 04 DEC 2017.

INDEX LEVELS UPDATE

SENSEX (4th Dec 2017) Trend : up Preopening Price : 32968.02 Gap up : 135.08 ( 0.41%) Support : 31300 -31700 Resistance: 32200 - 33750

 

BANK NIFTY (4th Dec 2017) Trend : up Preopening Price: 25295.05 Gap up : 103.10 ( 0.41%) Support : 24000-24350 Resistance :25150-25850 

 

NIFTY (4th Dec 2017) Trend : up Preopening Price : 10175.05 Gap up : 53.25 ( 0.53%) Support : 9825 - 9875 Resistance : 10080- 10380

 

STOCK MARKET NEWS

 

Equity benchmarks started off the week on a positive note, backed by Infosys that gained 2.5 percent after the appointment of new CEO and MD.

 

The 30-share BSE Sensex rose 89.51 points to 32,922.45 and the 50-share NSE Nifty gained 23.60 points at 10,145.40. About 980 shares advanced against 291 declining shares on the BSE.

 

Infosys, Indiabulls Housing, Tata Motors, Dr Reddy's Labs, SBI, Aurobindo Pharma and ICICI Bank were early gainers while Tech Mahindra, Sun Pharma and Hero MotoCorp were early losers.

 

Biocon surged 10 percent as the US FDA approved Mylan and Biocon's Ogivri, the first biosimilar for Trastuzumab, for the Treatment of HER2-Positive breast and gastric cancers.

Syngene International, MT Educare, Zee Learn, Videocon Industries and Ashok Leyland gained up to 8 percent.