Sensex Begins The Day 100 Pts Higher, Nifty Firmly Above 10,750 | Today Stock Market Outlook 10 MAY 2018.

OPENING BELL

SENSEX ( 10th May 2018) Trend : Up Preopening Price : 35412.60 Gap up : 89.20 (0.22%) Support : 34976-34848 Resistance: 35622-35556 

NIFTY ( 10th May 2018) Trend : Up Preopening Price : 10780.60 Gap up :37.65 (0.35%) Support : 10378-10542 Resistance : 10873-10986 

BANK NIFTY (10th May 2018) Trend : Up Preopening Price: 26216.10 Gap Up : 61.65 (0.24%) Support : 25384-25457 Resistance :25610-25690

STOCK MARKET NEWS

D-Street has begun the trading session on a good note. The Sensex is up over 100 points, while the Nifty is firmly above 10,750-mark. 

The Sensex is up 117.29 points at 35436.64, while the Nifty is up 33.30 points at 10775.00. The market breadth is positive as 497 shares advanced, against a decline of 362 shares, while 55 shares are unchanged.

ONGC, Axis Bank, Eicher Motors and Tech Mahindra are the top gainers, with a surge of up to 2 percent among them. On the losing side are IndusInd Bank, Dr Reddy’s Labs and Indian Oil. 

In the broader markets, midcaps are continuing to trade lower but strong gain is seen in Nifty IT, up around half a percent.