Sunday, 6 May 2018

Sensex Starts The Week 100 Points Higher, Nifty Around 10,650 | Today Stock Market News Outlook 07 May 2018.


NIFTY ( 7th May 2018) Trend : Up Preopening Price : 10650.45 Gap up : 33.35 (0.32%) Support : 10532-10396 Resistance : 10812-10986 

SENSEX ( 7th May 2018) Trend : Up Preopening Price : 34912.85 Gap down : -2.75 (0.01%) Support : 34545-34776 Resistance: 35122-35322 

The Nifty is expected to open flat on Monday following muted trend seen in other Asian markets. The Nifty closed 61 points lower at 10,618 on Friday.

Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, a rise of 5.5 points or 0.05 percent. Nifty futures were trading around 10,672-level on the Singaporean Exchange.

The three major US stock indexes rose more than 1 percent on Friday after weaker-than-expected US wage growth helped to calm investor fears about rising interest rates and inflation, though the S&P 500 and Dow Industrials still posted losses for the week, said a Reuters report.

Manipal-TPG revises offer for Fortis Healthcare, values group at Rs 8,358 crore
Fraud-hit PNB targets over 10 percent business growth in 2018/19: Reuters
Avenue Super marts: Q4FY18 standalone net profit rises 72.86 percent YoY to Rs 167.10 crore

No comments:

Post a Comment