At 9:15 AM, the BSE Sensex opened higher by 84 points at 29482, while the Nifty50 opened higher by 45 points at the 9129 mark. Nifty touched its all-time high of 9143 level in the morning hour on Thursday.
HCL Technologies is the top Nifty gainer. The stock is trading at Rs 857.3 per share, up by 1.7%.
Century Textiles & Industries Limited is trading at Rs 1038 per share, up by 1.8%. Hindalco Industries Limited is trading at Rs 193.4 per share, up by 1.3%.
There are 1111 advances, 312 declines and 462 unchanged stocks on NSE reflecting strong positive bias floating in the market.
Nifty50 needs to hold above the level of 9,120 to start a fresh up-move towards levels of 9,180-9,230, while on the downside, the level of 9,000 is likely to act as strong support.
The rupee opened at its fresh 16-months high of 65.38 per dollar up by 0.4%. The rupee gained 2.1% in the month of march and 3.9% on YTD basis.
The US stocks surged higher on Wednesday as the Federal Reserve raised interest rates. The Dow Jones Industrial Average gained 113 points to end at 20,950. The S&P 500 index rose 20 points to finish at 2,385. The Nasdaq Composite Index advanced 43 points to 5,900.
The European markets closed higher on Wednesday. FTSE 100 closed higher by 11 points at 7368 level, CAC closed higher by 11 points at 4985 level, German DAX closed higher by 21 points at 12009 levels.
SGX Nifty is trading higher by 66 points at 9175 level.
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