Thursday 22 February 2018

Sensex Jumps 100 Pts in Opening Trade, Nifty Reclaims 10,400 | Today Stock Market Outlook 23 FEB 2018.


SENSEX (23th feb 2018) Trend : down Preopening Price : 33840.50 Gap up : 19 (0.06%) Support : 33642 -33312 Resistance: 34053 - 34388 

NIFTY ( 23th feb 2018) Trend : down Preopening Price : 10408.55 Gap up: 25.55 (024%) Support : 10152-10248 Resistance : 10632-10540

BANK NIFTY ( 23th feb 2018) Trend : down Preopening Price: 25002.25 Gap up : 47 (0.19%) Support : 24832-24944 Resistance :25105-25266 



Equities have begun the day on a positive note, with the Nifty clocking 10,400 in the first few minutes of the trade.

The Sensex is up 98.71 points or 0.29% at 33918.21, and the Nifty is up 36.40 points or 0.35% at 10419.10. The market breadth is positive as 554 shares have advanced, 216 shares declined, while 94 shares are unchanged.

All sectoral indices have commenced trade in the green, while, in the broader market, midcaps are up around half a percent.

Sun Pharma has continued its gain from the previous sessions and is the top gainer on the Sensex. Along with it, Tata Steel and Aurobindo Pharma were the other gainers. Meanwhile, Hero MotoCorp, Coal India and Asian Paints were the top losers.

Among global markets, Asian shares rebounded as comments from a Federal Reserve official eased worries that the central bank might raise rates more aggressively this year, while the safe-haven yen held on to its gains amid heightened volatility across markets.

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