Sunday 28 January 2018

Sensex up 200 pts, Nifty above 11,100 | Today Stock Market News Outlook 29 Jan 2018.


OPENING BELLS

NIFTY (29th jan 2018) Trend : up Preopening Price : 11079.40 Gap up : 9.70 (0.9%) Support : 10812-10930 Resistance : 11212-11435

SENSEX (29th jan 2018) Trend : up Preopening Price : 36106.35 Gap up : 56.40 ( 0.16%) Support : 35649 -35813 Resistance: 36366 - 36505 

BANK NIFTY (29th jan 2018) Trend : up Preopening Price: 27446.05 Gap up :15.10 (0.6%) Support : 27044-27212 Resistance :27555-27789 


Benchmark indices staged smart performance in opening the first day of Budget week as the Sensex and Nifty hit fresh record highs, tracking positive trend in Asian peers and ahead of Union Budget 2018.

The 30-share BSE Sensex was up 223.04 points or 0.62 percent at 36,273.48 and the 50-share NSE Nifty gained 51.60 points or 0.47 percent at 11,121.30. About 1,017 shares advanced against 373 declining shares on the BSE.

Maruti Suzuki jumped 3 percent after earnings and revision in royalty payment.

ICICI Bank, Bharti Airtel, Dr Reddy's Labs, HPCL and BPCL fell 1-3 percent.

Nifty Midcap index gained 0.5 percent.

Avenue Supermarts, KPIT Technologies, Shriram City Union Finance, Kokuyo Camlin, Maithan Alloys, Bhageria Industries and Persistent Systems gained 2-4 percent post earnings.

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