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.