At 9:15 AM, the BSE Sensex opened higher by 18 points at 29350, while the Nifty50 opened higher by 18 points at the 9104 mark.
Yes Bank is the top Nifty gainer and HeroMoto corp is the top Nifty loser in the morning hours. Yes Bank is trading at Rs 1543 per share up by 1.6%. HeroMoto corp is trading at Rs 3339 per share down by 0.8%.
There are 912 advances, 430 declines and 473 unchanged stocks on NSE reflecting fairly positive bias floating in the market.
Nifty needs to cross and hold above 9095 to continue with the upward movement, where the next crucial resistance level is at 9120, followed by 9140. In case the previous day's movement is just a breather, we hold a crucial support at the 9050 level.
The rupee opened at 65.48 per dollar lower by 4 paise.
Major US indices were off the day's high, retreating to close on a flat to negative note after the Republican-led healthcare bill was postponed. Nasdaq Composite and Dow Jones Industrial Average closed almost flat, while S&P 500 closed marginally down with 0.1% loss. The move to dismantle the Obamacare on the healthcare bill is set to be rescheduled on Friday. Investors may continue to remain wary.
Asian stocks are trading mixed bag, where Nikkei 225 is trading straight up almost 171 points, Hang Seng index is marginally down with 38 points while China's Shanghai Composite is trading flat to negative.
Yes Bank is the top Nifty gainer and HeroMoto corp is the top Nifty loser in the morning hours. Yes Bank is trading at Rs 1543 per share up by 1.6%. HeroMoto corp is trading at Rs 3339 per share down by 0.8%.
There are 912 advances, 430 declines and 473 unchanged stocks on NSE reflecting fairly positive bias floating in the market.
Nifty needs to cross and hold above 9095 to continue with the upward movement, where the next crucial resistance level is at 9120, followed by 9140. In case the previous day's movement is just a breather, we hold a crucial support at the 9050 level.
The rupee opened at 65.48 per dollar lower by 4 paise.
Major US indices were off the day's high, retreating to close on a flat to negative note after the Republican-led healthcare bill was postponed. Nasdaq Composite and Dow Jones Industrial Average closed almost flat, while S&P 500 closed marginally down with 0.1% loss. The move to dismantle the Obamacare on the healthcare bill is set to be rescheduled on Friday. Investors may continue to remain wary.
Asian stocks are trading mixed bag, where Nikkei 225 is trading straight up almost 171 points, Hang Seng index is marginally down with 38 points while China's Shanghai Composite is trading flat to negative.
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