Wednesday, 7 February 2018

Sensex Gains 100 Pts, Nifty Reclaims 10,500 in Opening | Today Stock Market Outlook 08 FEB 2018.

OPENING BELLS

NIFTY ( 8th Feb 2018) Trend : down Preopening Price : 10520.55 Gap up : 41.55 (0.4%) Support : 10333-10439 Resistance : 10748-10887 

SENSEX (8th Feb 2018) Trend : down Preopening Price : 34210.50 Gap up: 112 .50 (0.37%) Support : 33666 -33844 Resistance: 34432 - 34682

BANK NIFTY ( 8th Feb 2018) Trend : down Preopening Price: 25759.25 Gap up : 89.80 (0.35%) Support : 25535-25622 Resistance :26432-26562



Benchmark indices rebounded with mild gains on Thursday after shedding more than 2,000 points in previous seven consecutive sessions.

The 30-share BSE Sensex was up 94.37 points at 34,177.08 and the 50-share NSE Nifty gained 23.30 points at 10,500.

Cipla rallies 5 percent. Sun Pharma lost 2.6 percent post Taro earnings and Aurobindo Pharma was down 1 percent post Q3 earnings.

IOC shed nearly 4 percent as stock goes ex-dividend.

Nifty Midcap was up 0.3 percent on positive breadth.

Torrent Power, Prestige Estates, ICRA and SRF gained 1-4 percent. Gati, Hexaware and Dixon Technologies were down 1-4 percent.

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