Sensex Reclaims 35K, Opens up 100 Pts | Today Stock Market News Outlook 28 May 2018.

OPENING BELLS

NIFTY (28th MAY 2018) Trend : up Preopening Price : 10646.35 Gap up : 41.20 ( 0.39%) Support : 10300 - 10450 Resistance : 10800- 11000 

SENSEX (28th MAY 2018) Trend : up Preopening Price : 35074.32 Gap up : 149.45 ( 0.43%) Support : 34230 -34000 Resistance: 34700 - 34850 

BANK NIFTY (28th May 2018) Trend : UP Preopening Price: 26291.65 Gap down : 18.10 (0.07%) Support : 26500 Resistance :26100

SHARE MARKET NEWS OUTLOOK

Benchmark indices started off trade on a positive note on Monday, following sharp correction in oil prices and recovery in rupee.

The 30-share BSE Sensex gained 107.70 points at 35,032.57 and the 50-share NSE Nifty rose 44.50 points to 10,649.70.

Bank of Baroda, IOC, HPCL, BPCL and Sun Pharma jumped up to 7 percent while Tech Mahindra and Vedanta are under pressure.

Nifty Midcap index gained 110 points.

Jet Airways, InterGlobe Aviation, Excel Industries, Indian Bank, Waterbase, Meghmani Organics, RCF, FACT, Balrampur Chini, Praj Industries, Triveni Engineering, Nalco, NBCC, Divis Labs, Dixon Tech and Himatsingka Seide rallied up to 6 percent.

PC Jeweller and IDBI Bank are under pressure.