Thursday, 7 June 2018

Sensex Opens 130 Points Lower, Nifty Below 10,750 | Today Stock Market News Outlook 08 JUNE 2018.

OPENING BELLS

SENSEX (08th June 2018) Trend : up Preopening Price :35406.47 Gap Down : -56.61(-0.16%) Support : 31300 -31700 Resistance: 35600 - 35900 

NIFTY (08th June 2018) Trend : Up Preopening Price : 10736.40 Gap Down :-31.95(-0.30%) Support : 10400 -10350 Resistance : 10800- 10910 

BANK NIFTY (8th June 2018) Trend : up Preopening Price: 26457.25 Gap down : 60 (0.23%) Support : 27000-27300 Resistance :25900-26100



Equity benchmarks have begun the day on a lower note, tracking negative global cues along with domestic issues of higher bond yields, crude prices as well as weak rupee. 

The Sensex is down 132.72 points or 0.37% at 35330.36, while the Nifty is lower by 45.60 points or 0.42% at 10722.80. The market breadth is in favour of the declines as 346 shares have advanced against a fall of 668 shares, while 68 shares are 

unchanged.

Shares of oil marketing companies (OMCs) are trading lower on the back of higher crude prices. Indian Oil, HPCL and BPCL are trading up to 2 percent lower. 

Dr Reddy’s Labs, Tata Motors, and Tech Mahindra are the top gainers, while Power Grid, Asian Paints, BPCL and HPCL have lost the most.

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