OPENING BELLS
NIFTY (1ST JUN 2018) Trend : up Preopening Price : 10738.45 Gap up : 2.30 ( 0.02%) Support : 10500 Resistance : 10800
Benchmark indices started off last day of the week on a flat note despite better-than-expected fourth quarter GDP data.
The 30-share BSE Sensex fell 25.01 points to 35,297.37 and the 50-share NSE Nifty declined 16.90 points to 10,719.30.
Nifty Bank index fell 150 points and Nifty Midcap index declined 40 points.
ICICI Bank rallied nearly 4 percent after Chanda Kochhar has already proceeded on leave. The bank is calling it a 'planned annual leave'.
Sun Pharma, Bajaj Auto, BPCL, HPCL, Maruti Suzuki, Ashok Leyland, Indiabulls Housing, HUL and Tata Motors are early gainers.
ONGC fell 4 percent. Axis Bank decliend 1.6 percent and ITC lost 0.3 percent.
Escorts rallied 1.7 percent post May Auto sales data.
CG Power, Idea Cellular, Balrampur Chini, Suzlon Energy and PFC gained up to 7 percent.
Reliance Communications and Vakrangee fell up to 5 percent.
NIFTY (1ST JUN 2018) Trend : up Preopening Price : 10738.45 Gap up : 2.30 ( 0.02%) Support : 10500 Resistance : 10800
BANK NIFTY (1ST JUN 2018) Trend : UP Preopening Price: 26913.40 Gap up : -42.80 (-0.16%) Support : 26500 Resistance :27100
The 30-share BSE Sensex fell 25.01 points to 35,297.37 and the 50-share NSE Nifty declined 16.90 points to 10,719.30.
Nifty Bank index fell 150 points and Nifty Midcap index declined 40 points.
ICICI Bank rallied nearly 4 percent after Chanda Kochhar has already proceeded on leave. The bank is calling it a 'planned annual leave'.
Sun Pharma, Bajaj Auto, BPCL, HPCL, Maruti Suzuki, Ashok Leyland, Indiabulls Housing, HUL and Tata Motors are early gainers.
ONGC fell 4 percent. Axis Bank decliend 1.6 percent and ITC lost 0.3 percent.
Escorts rallied 1.7 percent post May Auto sales data.
CG Power, Idea Cellular, Balrampur Chini, Suzlon Energy and PFC gained up to 7 percent.
Reliance Communications and Vakrangee fell up to 5 percent.
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