At 9:15 AM, the BSE Sensex opened higher by 60.81 points at 28822.40, while the Nifty50 opened higher by 19.7 points at the 8927.55 mark.
There are 915 advances, 699 declines and 97 unchanged stocks on NSE reflecting strong positive sentiments floating in the market.
PowerGrid is the top Nifty gainer while Idea Cellular is the top Nifty loser. PowerGrid is trading at Rs 208.40 per share, up by 1.09% whereas Idea Cellular is trading at Rs 107.75 per share, down 0.55%.
Reliance Industries Limited is trading at Rs 1123.65 per share, up by 3.26%.
The rupee opened lower at 66.95 per dollar.
The level of 8,968 is a crucial level as it’s a previous intermediate top that was formed on September 7, 2016, while on the downside, if the 8,880 level is breached, it is likely to test level of 8,820, which is a major support level.
The US stocks closed in positive territory on Tuesday. Three major indices in the American markets closed at record highs. NASDAQ closed higher by 27.37 points or 0.47%; Dow Jones closed higher by 118.95 points or 0.58%; and S&P 500 closed higher by 14.22 points or 0.6%.
The Asian stocks were trading on mixed note, despite strong overnight cues from the US as investors await the minutes of the latest Federal Reserve meeting. Japan’s Nikkei 225 dropped 32 points as strength in the yen weighed on exporters. Hong Kong’s Hang Seng is trading higher by 200 points and Shanghai Composite is trading flat.
There are 915 advances, 699 declines and 97 unchanged stocks on NSE reflecting strong positive sentiments floating in the market.
PowerGrid is the top Nifty gainer while Idea Cellular is the top Nifty loser. PowerGrid is trading at Rs 208.40 per share, up by 1.09% whereas Idea Cellular is trading at Rs 107.75 per share, down 0.55%.
Reliance Industries Limited is trading at Rs 1123.65 per share, up by 3.26%.
The rupee opened lower at 66.95 per dollar.
The level of 8,968 is a crucial level as it’s a previous intermediate top that was formed on September 7, 2016, while on the downside, if the 8,880 level is breached, it is likely to test level of 8,820, which is a major support level.
The US stocks closed in positive territory on Tuesday. Three major indices in the American markets closed at record highs. NASDAQ closed higher by 27.37 points or 0.47%; Dow Jones closed higher by 118.95 points or 0.58%; and S&P 500 closed higher by 14.22 points or 0.6%.
The Asian stocks were trading on mixed note, despite strong overnight cues from the US as investors await the minutes of the latest Federal Reserve meeting. Japan’s Nikkei 225 dropped 32 points as strength in the yen weighed on exporters. Hong Kong’s Hang Seng is trading higher by 200 points and Shanghai Composite is trading flat.
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