Wednesday 11 April 2018

Sensex, Nifty Flat in Opening | Today Stock Market News Outlook 12 April 2018.

OPENING BELLS

SENSEX ( 12th Apr 2018) Trend : down Preopening Price : 33990.80 Gap up : 47.40 (0.14%) Support : 33522 -33772 Resistance: 34245-34355 

NIFTY ( 12th Apr 2018) Trend : down Preopening Price : 10413.25 Gap up : 11.20 (0.11%) Support : 10348-10246 Resistance : 10542-10655 

BANK NIFTY (12th Apr 2018) Trend : down Preopening Price: 25078.25 Gap down : -149.30 (0.60%) Support : 24872-24995 Resistance :25280-25445 


Benchmark indices opened flat amid weak global cues and spike in crude oil prices, as investors await corporate earnings and macro data.

The 30-share BSE Sensex was up 47.56 points at 33,988 while the 50-share NSE Nifty fell 17.40 points to 10,399.80.

HCL Technologies, TCS, Tech Mahindra, ONGC, Tata Motors, Bajaj Auto and Bharti Infratel were early gainers.

HPCL, BPCL and IOC fell up to 3 percent. Dr Reddy's Labs, Sun Pharma, ICICI Bank, Kotak Mahindra Bank and Alkem Labs were under pressure.

Nifty Bank was down 0.35 percent.

Aban Offshore, Harrisons, Jayshree Tea, Mcleod Russel, HOEC, Dolphin Offshore, Selan Exploration, TVS Electronics and Biocon gained up to 8 percent.

MRPL, InterGlobe Aviation, IDBI Bank, Jaiprakash Associates, Jet Airways and TVS Electronics were under pressure.

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