Wednesday 4 April 2018

Sensex Opens up 345 Pts, Nifty nears 10,250 Ahead of RBI policy | Today Stock Market News 05 April 2018.

OPENING BELLS

SENSEX ( 5th Apr 2018) Trend : down Preopening Price : 33134.80 Gap up : 115.40 (0.35%) Support : 32672 -32842 Resistance: 33312-33522

NIFTY ( 5th Apr 2018) Trend : down Preopening Price : 10199.55 Gap up : 71.55 (0.71%) Support : 10056-10122 Resistance : 10386-10512 

BANK NIFTY (05th Apr 2018) Trend : Up Preopening Price: 24394.45 Gap Up : 264.95(1.10%) Support : 24140-24057 Resistance :24417-24611



Benchmark indices bounced back sharply, tracking strong lead from global stocks and ahead of RBI monetary policy outcome.

The 30-share BSE Sensex was up 345.45 points or 1.05 percent at 33,364.52, and the 50-share NSE Nifty rose 112.80 points or 1.11 percent to 10,241.20.

Tata Steel, UPL, Yes Bank, Tata Motors, Bajaj Finserv, M&M, Eicher Motors, Grasim, Adani Power, Kotak Mahindra Bank, L&T, IndusInd Bank, ITC and SBI gained up to 3 percent.


Nifty Midcap index rallied 1.6 percent. Nifty IT was up 1.3 percent and PSU Bank rose 1.6 percent.

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