Sensex Begins Week 100 Points Higher, Nifty Reclaims 10,500 | Today Stock Market Outlook 26 Feb 2018.

OPENING BELLS

NIFTY ( 26th Feb 2018) Trend : down Preopening Price : 10522.55 Gap up: 31.55 (0.3%) Support : 10321-10444 Resistance : 10632-10728

SENSEX (26th Feb 2018) Trend : down Preopening Price : 34208.50 Gap up : 66.60 (0.02%) Support : 33832 -33644 Resistance: 34422 - 34672 

BANK NIFTY ( 26th Feb 2018) Trend : down Preopening Price: 25452.25 Gap up :149.50 (0.59%) Support : 24832-24944 Resistance :25632-25844    

STOCK MARKET OUTLOOK

Equity benchmarks began the week on a positive note, tracking positive global cues.

The Sensex is up 109.15 points or 0.32% at 34251.30, while the Nifty is up 33.30 points or 0.32% at 10524.30. The market breadth is positive as 510 shares advanced, against a decline of 123 shares, while 102 shares are unchanged.

Nifty Pharma is likely to be witnessing some profit booking after days of upmove last week. All other sectoral indices are trading in the green, with financials and auto leading the pack.

Dr Reddy’s and Sun Pharma are the top losers on both indices, while Tata Steel, Adani Ports and Vedanta have gained the most.