Sensex Falls Cver 200 Pts in Opening, Nifty Below 10,500 | Today Stock Market News Outlook 28 FEB 2018.

OPENING BELLS

SENSEX (28th Feb 2018) Trend : down Preopening Price : 34160.50 Gap down : -188.60 (0.56%) Support : 34045 -33845 Resistance: 34322 - 34548

NIFTY ( 28th Feb 2018) Trend : down Preopening Price : 10488.55 Gap down: -64.55 (062%) Support : 10215-10146 Resistance : 10732-10832

BANK NIFTY ( 28th Feb 2018) Trend : down Preopening Price: 25116.25 Gap down : -267.30 (1.5%) Support : 24732-24838 Resistance :25350-25550

STOCK MARKET OUTLOOK

Benchmark indices extended losses in opening on Wednesday, tracking weakness in global peers and due to selling pressure in banking & financials.

The 30-share BSE Sensex was down 265.86 points or 0.77 percent at 34,080.53 and the 50-share NSE Nifty slipped 86.60 points or 0.82 percent to 10,467.70.

HPCL, ICICI Bank, Hindalco Industries, Eicher Motors, Axis Bank, Indiabulls Housing, Vedanta, Bajaj Finance and Bajaj Auto were losers in early trade.

PNB plunged 5 percent. Nifty Midcap fell over a percent.

About four shares declined for every share rising on the BSE.