OPENING BELLS
NIFTY ( 12th Mar 2018) Trend : down Preopening Price : 10295.55 Gap up: 69.55 (0.68%) Support : 10134-10066 Resistance : 10435-10515
NIFTY ( 12th Mar 2018) Trend : down Preopening Price : 10295.55 Gap up: 69.55 (0.68%) Support : 10134-10066 Resistance : 10435-10515
BANK NIFTY (12th Mar 2018) Trend : down Preopening Price: 24443.25 Gap up : 147.30 (0.61%) Support : 24152-24222 Resistance :24632-24744
SENSEX (12th Mar 2018) Trend : down Preopening Price : 33460.50 Gap up : 152.60 (0.46%) Support : 32946 -32844 Resistance: 33612 - 33732
Benchmark indices opened the first day of the week on a strong note, following positive lead from Asian peers and Wall Street after better-than-expected US jobs data.
The 30-share BSE Sensex was up 279.23 points at 33,586.37 and the 50-share NSE Nifty gained 88.10 points at 10,315.
Nifty Micdap index was up 160 points and Nifty Bank gained 121 points.
United Spirits, MOIL, SpiceJet, Ashok Leyland, Castex Technologies, Reliance Communications, Adani Power, Gammon Infra, HDIL, Shree Renuka and Suzlon Energy gained up to 4 percent.
Asian stocks started off on a strong note, tracking stateside gains in the last session on expectation-topping jobs data. The Nikkei 225 was up 1.3 percent while the Kospi index gained 1.2 percent.
Wall Street’s main stock indexes climbed more than 1 percent on Friday, giving investors some solace after a week of huge swings that shook the market out of months of calm.
The Dow Jones Industrial Average rose 330.44 points, or 1.38 percent, to 24,190.9, the S&P 500 gained 38.55 points, or 1.49 percent, to 2,619.55 and the Nasdaq Composite added 97.33 points, or 1.44 percent, to 6,874.49.
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