Thursday 1 February 2018

Sensex Falls 300 Pts, Nifty Breaks 11K Post Budget 2018 | Today Stock Market News 02 Feb 2018.

OPENING BELLS

SENSEX (2nd Feb 2018) Trend : up Preopening Price : 35723..95 Gap down : -197 .50 ( 0.55%) Support : 35633 -35866 Resistance: 36311 - 36447

NIFTY ( 2nd Feb 2018) Trend : up Preopening Price : 10951.55 Gap down : -65.55 (0.51%) Support : 10866-10634 Resistance : 11242-11413 

BANK NIFTY ( 2nd Feb 2018) Trend : up Preopening Price: 27017.25 Gap down : -203..60 (0.75%) Support : 26732-26864 Resistance :27322-27488


Benchmark indices opened sharply lower as investors digested Union Budget 2018 and focussed on more corporate earnings.

The 30-share BSE Sensex was down 270.47 points at 35,636.19 and the 50-share NSE Nifty fell 83.20 points to 10,933.70.

Axis Bank, Yes Bank, SBI, Indiabulls Housing Finance, Adani Ports, SBI, ICICI Bank, Kotak Mahindra Bank, Sun Pharma, Tata Steel and UPL were early losers.

Hindalco, HCL Technologies, Bajaj Auto and ITC were early gainers.


Nifty Midcap extended losses, falling 1.5 percent or 313 points.

Vakrangee, IDBI Bank, Jain Irrigation, Syndicate Bank, PNB, Canara Bank, JSW Steel, Ceat, VST Tillers and Titan Company were down 1-10 percent.


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