Nifty Begins April Series on a Positive Note, Sensex up 100 Pts | Today Stock Market News Outlook 02 April 2018.

OPENING BELLS

SENSEX (2nd Apr 2018) Trend : down Preopening Price : 33028.80 Gap up : 59.40 (0.18%) Support : 32855 -32986 Resistance: 33248- 33472  

NIFTY ( 2nd Apr 2018) Trend : down Preopening Price : 10141.55 Gap up : 27.55 (0.27%) Support : 9842-9986 Resistance : 10296-10412

BANK NIFTY (02th Aprl 2018) Trend : DOWN Preopening Price: 24235.65 Gap up : -27.70(-0.11%) Support : 24140-24057 Resistance :24417-24611  

STOCK MARKET NEWS

Shares have begun the financial year on a positive note, with the Nifty trading above 10,100, while the Sensex is up around 100 points.

The Sensex is up 96.72 points or 0.29% at 33065.40, while the Nifty is up 41.90 points or 0.41% at 10155.60.

ICICI Bank is lower by over 3 percent on the back of negative developments around its CEO Chanda Kochchar, while Axis Bank is also trading lower by over 1 percent. A media reported said that the RBI has asked the lender to review Shikha Sharma’s tenure.

Among other stocks, Canara Bank is also trading lower by around 6 percent after it called off its stake sale in Can Fin Homes. GAIL, Vedanta, Maruti Suzuki and Tata Motors were trading in the green, while Titan was lower by half a percent.