Sensex, Nifty Open at Fresh Record High | Today Stock Market News Outlook 18 JAN 2018.

OPENING BELLS

SENSEX (18th Jan 2018) Trend : up Preopening Price : 35366.35 Gap up : 284.40 ( 0.81%) Support : 34245 -34580 Resistance: 35435 - 35750

NIFTY (18th Jan 2018) Trend : up Preopening Price : 10873.40 Gap up : 84.00 (0.79%) Support : 10610-10745 Resistance : 10890-10990 

BANK NIFTY (18th Jan 2018) Trend : up Preopening Price: 26762.05 Gap up : 473.10 (1.81%) Support : 26350-26455 Resistance :26850-26960    

STOCK MARKET NEWS

benchmarks opened at fresh record high on Thursday after buzz of likely increase in FDI in banking sector.

The 30-share BSE Sensex was up 294.72 points or 0.84 percent at 35,376.54 and the 50-share NSE Nifty gained 73.60 points or 0.68 percent at 10,862.10.

About 1,004 shares advanced against 308 declining shares on the BSE.

Nifty Bank rallied nearly 600 points to hit a fresh record high after sources told CNBC-TV18 that the government is considering allowing 100 percent FDI in banking sector.

SBI, ICICI Bank, Yes Bank, HDFC Bank, Axis Bank, IndusInd Bank and Kotak Mahindra Bank gained 1-3 percent.

GAIL was down 2 percent.

Nifty Midcap was up 0.7 percent. Mindtree, Adani Transmission, Thirumalai Chemicals, Jubilant Life and Bank of Maharashtra gained 3-8 percent.