Thursday, 10 May 2018

Sensex Opens Over 100 Points Higher, Nifty Above 10,750 | Today Stock Market News 11 MAY 2018.


SENSEX ( 11th May 2018) Trend : Up Preopening Price : 35145.00 Gap down : -6.30 (0.02%) Support : 34976-34848 Resistance: 35432-35344 

NIFTY ( 11th May 2018) Trend : Up Preopening Price : 10740.60 Gap up :22.70 (0.21%) Support : 10378-10542 Resistance : 10873-10986 

BANK NIFTY (11th May 2018) Trend : Up Preopening Price: 26173.70 Gap Up : 42.70 (0.16%) Support : 25384-25457 Resistance :25610-25690

Equity benchmarks have begun the day on the right foot, with the Sensex gaining over 100 points, while the Nifty clocked 10,750 during the morning trade. 

The Sensex is up 132.32 points at 35378.59, while the Nifty is up 43.30 points at 10759.80. The market breadth is positive as 518 shares advanced, against a decline of 347 shares declined, while 63 shares have remained unchanged.

Midcaps have begun the day on a positive note, gaining over 0.3 percent on the index. Meanwhile, strength is visible in metals and IT stocks as well. Asian Paints, Tata Steel, and Titan are the top gainers, while Bharti Airtel and Sun Pharma have lost the most. 

The Nifty50 is expected to open higher on Friday following positive trend seen in other Asian markets. The Nifty50 closed 25 points lower at 10,716 on Thursday.

Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 49 points or 0.46 percent. Nifty futures were trading around 10,780-level on the Singaporean Exchange.

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