Sensex Reclaims 34K, Nifty Inches Towards Record High | Today Stock Market News Outlook 05 Jan 2018.

INDEX MARKET LEVELS

SENSEX (5th Jan 2018) Trend : up Preopening Price : 34021.35 Gap up : 51.40 ( 0.15%) Support : 33745 -33920 Resistance: 34120 - 34330

NIFTY (5th Jan 2018) Trend : up Preopening Price : 10534.40 Gap up :29.65 (0.28%) Support : 10220-10333 Resistance : 10620-10689 

BANK NIFTY (5th Jan 2018) Trend : up Preopening Price: 25525.05 Gap up : 61.10 (0.24%) Support : 25250-25150 Resistance :25750-25950    

STOCK MARKET NEWS

Equity benchmarks extended gains in morning on last day of the week, tracking positive global cues. Banking & financials, infra and metals stocks continued to gain.

The 30-share BSE Sensex was up 102.64 points at 34,072.28 and the 50-share NSE Nifty gained 27 points at 10,531.80.

About 1,201 shares advanced against 284 declining shares on the BSE.

SBI, Hindalco Industries, Yes Bank, India bulls Housing Finance, L&T, Ultra Tech Cement, Vedanta, Tata Steel and Maruti Suzuki were early gainers.

HCL Technologies, Tech Mahindra, Wipro, TCS and Infosys were mildly lower on strong rupee.

GM Breweries gained 14.5 percent on strong earnings.

Nifty Midcap added half a percent today, on top of 1 percent rally in previous session.

Globus Spirits, Jain Irrigation, Idea Cellular, Bharat Forge, Ramkrishna Forgings, Munjal Auto, Bhushan Steel, Radico Khaitan, Indian Hotels and Motherson Sumi gained 1-4 percent.