At 9:15 AM, the BSE Sensex opened higher by 99.48 points at 28340.39, while the Nifty50 opened higher by 44.5 points at the 8785.45 mark.
There are 970 advances, 408 declines and 415 unchanged stocks on NSE reflecting firm positive start for Monday’s trading session.
The rupee opened at 67.20 per dollar up by 11 paise. The rupee touched its three months high of 67.22 per dollar up by 0.14% in first few minutes of trading.
The zone of 8760-8780 is likely to act as a resistance zone of the Nifty. A decisive move above this range is likely to open gates for upmove up to level of 8830. On the downside, support is likely to come in around the level of 8650.
The US stocks closed near day’s high, with Dow Jones reclaiming a close above 20,000 mark, while Nasdaq reached a record level. The steps taken by President Donald Trump to roll back bank regulations and a stronger-than-expected January jobs report contributed to the upbeat sentiment.
There are 970 advances, 408 declines and 415 unchanged stocks on NSE reflecting firm positive start for Monday’s trading session.
The rupee opened at 67.20 per dollar up by 11 paise. The rupee touched its three months high of 67.22 per dollar up by 0.14% in first few minutes of trading.
The zone of 8760-8780 is likely to act as a resistance zone of the Nifty. A decisive move above this range is likely to open gates for upmove up to level of 8830. On the downside, support is likely to come in around the level of 8650.
The US stocks closed near day’s high, with Dow Jones reclaiming a close above 20,000 mark, while Nasdaq reached a record level. The steps taken by President Donald Trump to roll back bank regulations and a stronger-than-expected January jobs report contributed to the upbeat sentiment.
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