Share Market News Today | Sensex, Nifty, Share Prices LIVE: Benchmark indices opened on positive note with Nifty reclaiming 15300. The Sensex was up 136.56 points or 0.27% at 51496.98, and the Nifty was up 32.80 points or 0.21% at 15326.30. 11 out of 30 Sensex stocks were in the negative zone in morning deals. Sun Pharma, Asian Paints, Apollo Hospitals, HDFC and HDFC Bank were among major gainers on the Nifty, while losers were ONGC, Coal India, Tata Steel, Power Grid Corporation and Britannia Industries. Sectorally, metals, realty, oil & gas indices on the Nifty slumped 0.7-2 per cent. While, Nifty IT, financials and pharma were higher. The broader markets, meanwhile, opened in red. The BSE MidCap and SmallCap indices were up to 0.2% lower.

Sun Pharma, Asian Paints, Apollo Hospitals, HDFC and HDFC Bank were among major gainers on the Nifty, while losers were ONGC, Coal India, Tata Steel, Power Grid Corporation and Britannia Industries.

Sun Pharma, Asian Paints, HUL Bajaj Finance, Wipro, TCs and HDFC twins were the top winners on the Sensex, while Tata Steel, PowerGrid, Nestle and Maruti were the top losers.

Indian markets are likely to open on a negative note tracking weak global cues. Investors remain concerned about steep hikes in interest rates by central banks to tackle high levels of inflation. US markets ended mixed tracking gains in technology stocks amid concerns about the economic impact of aggressive monetary policy tightening.

“The market has been in a sharp down trend over the last 14-15 sessions. Minor consolidations or small upside bounces have resulted in a sharp weakness as of now. Hence, any upside bounce from here could be a sell on rise opportunity for the short term. On the higher side, the area of 15600 levels (mid part of Thursday's long bear candle) is expected to be a crucial overhead resistance ahead and is unlikely to be broken on the upside in a hurry. After a small upside bounce, the Nifty could slide down to the 15000-14800 levels in the near term.”

Nifty likely to find support at around 15150 while 15750 is likely to act as resistance on the upside. Bank Nifty likely to find support at around 32200 while 33500 is likely to act as resistance.

The chart pattern suggests that if Nifty 50 crosses and sustains above 15400 level it would witness buying which would lead the index towards 15600-15700 levels. However, if the index breaks below 15100 level it would witness selling which would take the index towards 15000-14500. For the week, we expect Nifty to trade in the range of 15700-14800 with a negative bias. The weekly strength indicator RSI is moving downwards and is quoting below its reference line indicating negative bias.