At 9:15 AM, the BSE Sensex opened higher by 59.3 points at 28349.22, while the Nifty50 opened higher by 26.5 points at the 8795.55 mark.
The rupee opened at 67.04 per dollar, up by 15 paise.
The zone of 8680-8710 is likely to act as a strong support zone in the short term, whereas on the upside, the immediate hurdle is seen around levels of 8810-8825. If Nifty sustains above these levels, its likely to test the level of 8890.
In sixth bi-monthly monetary policy, RBI kept the repo rate unchanged at 6.25%, reverse repo rate at 5.75% and MSF rate 6.75%.
The Asian markets are trading in green except Nikkei 225. Nikkei 225 is trading down by 49.44 points. Shanghai Composite is trading higher by 11.51 points, SGX Nifty is trading higher by 7.5 points.
FTSE 100 closed higher by 2.6 points; CAC 40 of France closed higher by 12.13 points while German DAX closed lower by 6.06 points.
The Nasdaq rose 8.24 points and the Dow fell 35.95 points. The S&P 500 index edged up 1.59 points.
The rupee opened at 67.04 per dollar, up by 15 paise.
The zone of 8680-8710 is likely to act as a strong support zone in the short term, whereas on the upside, the immediate hurdle is seen around levels of 8810-8825. If Nifty sustains above these levels, its likely to test the level of 8890.
In sixth bi-monthly monetary policy, RBI kept the repo rate unchanged at 6.25%, reverse repo rate at 5.75% and MSF rate 6.75%.
The Asian markets are trading in green except Nikkei 225. Nikkei 225 is trading down by 49.44 points. Shanghai Composite is trading higher by 11.51 points, SGX Nifty is trading higher by 7.5 points.
FTSE 100 closed higher by 2.6 points; CAC 40 of France closed higher by 12.13 points while German DAX closed lower by 6.06 points.
The Nasdaq rose 8.24 points and the Dow fell 35.95 points. The S&P 500 index edged up 1.59 points.
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