Thursday 3 May 2018

Sensex, Nifty Open Lower on Global Weakness | Today Stock Market News Outlook 04 May 2018.

OPENING BELLS 04 MAY 2018

NIFTY ( 4thMay 2018) Trend : Up Preopening Price : 10700.45 Gap up : 2.35 (0.02%) Support : 10532-10396 Resistance : 10812-10986 

SENSEX ( 4th May 2018) Trend : Up Preopening Price : 35145.85 Gap up : 42.75 (0.12%) Support : 34942-35045 Resistance: 35468-35545 

BANK NIFTY (04th May 2018) Trend : Up Preopening Price: 25632.30 Gap Up : 27.05 (0.11%) Support : 25384-25457 Resistance :25610-25690


Benchmark indices opened flat with a negative bias following correction in global peers.

The 30-share BSE Sensex was down 19.92 points at 35,083.22 and the 50-share NSE Nifty fell 8.70 points to 10,671.

Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra and, Infosys were under pressure.

Bharti Airtel, Bajaj Finance and Vedanta were early gainers.

Nifty Midcap index was down 33 points. Hexaware, Castrol India, JSW Energy, HCC and Adani Power fell up to 6 percent.

PC Jeweller, Ruchi Soya, Jet Airways, Emami, L&T Finance and HFCL gained up to 5 percent.

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