Nifty Opens Flat Ahead of F&O Expiry; Sensex Consolidates | Today Stock Market Outlook 25 Jan 2018.

OPENING BELLS

NIFTY (25th Jan 2018) Trend : up Preopening Price : 11099.40 Gap up : 13 (0.12%) Support : 10812-10930 Resistance : 11212-11435

SENSEX (25th Jan 2018) Trend : up Preopening Price : 36186.50 Gap up : 24.40 ( 0.7%) Support : 35649 -35813 Resistance: 36366 - 36505 

BANK NIFTY (25th Jan 2018) Trend : up Preopening Price: 27410.05 Gap up :15.10 (0.6%) Support : 27044-27212 Resistance :27555-27789    

STOCK MARKET NEWS UPDATE

Equity benchmarks continued to consolidate in opening on Thursday, ahead of expiry of January futures and options contracts.

The 30-share BSE Sensex was down 12.03 points at 36,149.61 and the 50-share NSE Nifty fell 4.30 points to 11,081.70.

The market breadth was balanced as about 683 shares declined against 602 advancing shares on the BSE.

After PSU banks' recapitalisation amount announcement, SBI, PNB and Bank of Baroda were down 1-3 percent. However, IDBI Bank, Bank of India, UCO Bank, Central Bank of India, IOB, Union Bank, OBC, United Bank, Syndicate Bank, Bank of Maharashtra, Dena Bank and Corporation Bank rallied 2-10 percent.

L&T Infotech, Bharat Bijlee, Everest Industries and KEI Industries rallied post earnings. Biocon lost 4.5 percent after bad earnings.