At 9:15 AM, the BSE Sensex opened higher by 491 points at 29437, while the Nifty50 opened higher by 157 points at 9092 mark.
Within first few minutes of trading, Nifty touched it’s all time high of 9122.75 level, up by 188 points.
ICICI Bank is the top Nifty gainer in the morning hours on Tuesday. The stock is trading at Rs 283.75 per share, up by 4.88%.
There are 1175 advances, 203 declines and 409 unchanged stocks on NSE reflecting strong positive bias floating in the market.
The INDIA VIX is trading flat at 13.95.
The levels of 9,240-9,300 is likely to act as a resistance and the level of 9,000 will be a strong support for the short-medium term for Nifty50 index.
The rupee opened higher by 2 paise at 66.69 per dollar and within few minutes of early trading it touched one year high of Rs 66.2 per dollar.
The Dow Jones Industrial Average index closed lower by 22 points, S&P 500 index closed higher by 1 point, NASDAQ Composite index closed higher by 14 points on Monday.
The European markets closed in positive territory on Monday. FTSE 100 closed higher by 24 points, German DAX closed higher by 27 points and CAC 40 of France closed higher by 6 points.
The SGX Nifty is trading lower by 35 points in Tuesday’s trade.
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