Sensex Opens Mildly Lower, Nifty Holds 10,400 | Today Stock Market News 13 March 2018.

OPENING BELL

NIFTY ( 13th Mar 2018) Trend : down Preopening Price : 10390.55 Gap down: -31.55 (0.3%) Support : 10134-10066 Resistance : 10435-10515

SENSEX (13th Mar 2018) Trend : down Preopening Price : 33810.50 Gap down : -101.60 (0.29%) Support : 32946 -32844 Resistance: 33612 - 33732 

BANK NIFTY (13th Mar 2018) Trend : down Preopening Price: 24624.25 Gap down : -39.30 (0.16%) Support : 24346-24456 Resistance :24772-24844 


STOCK MARKET NEWS  

Benchmark indices opened mildly lower on Tuesday after the January's industrial output and February's CPI inflation data announced later in the day yesterday. It was a bit of profit booking after yesterday's more than 600 points rally on the Sensex.

The 30-share BSE Sensex was down 25.52 points at 33,892.42 and the 50-share NSE Nifty fell 7.50 points to 10,413.90.

TCS was biggest loser among Nifty50 stocks, falling more than 5 percent after big block deal.

Nifty Midcap was down 38 points and Nifty Bank was flat.

UCO Bank, IDBI Bank, PNB, Canara Bank, Bank of Baroda, Balrampur Chini, Shree Renuka, Dhampur Sugar, InterGlobe Aviation and Biocon fell up to 5 percent.

Future Consumer rallied 6 percent.

Industrial output expanded at 7.5 percent in January, from 7.1 percent in previous month while retail inflation fell to a 4-month low of 4.44 percent in February from 5.07 percent in previous month.