Sensex Opens 100 Points Higher, Nifty Above 10,450 | Today Stock Market Outlook 03 Jan 2018.

INDEX LEVELS UPDATE

SENSEX (3rd jan 2018) Trend : up Preopening Price : 33930.35 Gap up : 117.40 ( 0.35%) Support : 33745 -33920 Resistance: 34120 - 34330

NIFTY (3rd jan 2018) Trend : up Preopening Price : 10484.00 Gap up : 41.65 (0.4%) Support : 10220-10333 Resistance : 10620-10689

BANK NIFTY (3rd jan 2018) Trend : up Preopening Price: 25425.05 Gap up : 87.10 (0.35%) Support : 25250-25150 Resistance :25750-25950

STOCK MARKET OUTLOOK

Equity benchmarks have witnessed a positive start on Wednesday, with the Sensex rising over 100 points, while the Nifty was above 10,450-mark.

At 09:16 hrs IST, the Sensex is up 135.66 points or 0.40% at 33947.92, and the Nifty up 40.30 points or 0.39% at 10482.50. The market breadth is healthy as 601 shares have advanced against a decline of 172 shares, while 504 shares are unchanged.

Midcaps were trading in the positive zone after it fell around one percent on Tuesday.

Reliance Industries and ICICI Bank are the top gainers, while Dr Reddy’s Labs, ONGC and Aurobindo Pharma have lost the most.