Thursday, 13 April 2017

Opening Bell – Nifty opens flat with slightly negative bias; Infosys top Nifty gainer

At 9:15 AM, the BSE Sensex opened lower by six points at 29637, while the Nifty50 opened lower by one points at the 9202 mark.
 
Infosys is the top Nifty gainer and Tata Power is the top Nifty loser in the morning hours on Thursday. Infosys is trading higher by 1.5% at Rs 983.9 per share whereas Tata Power is trading lower by 1.23% at Rs 84.5 per share.
 
There are 812 advances, 597 declines and 488 unchanged stocks on NSE reflecting fairly positive bias floating in the market.
 
For Nifty index, the levels of 9,245 and 9,280 may prove as a short-term resistance levels, whereas the level of 9,150 is likely to act as a short term support.
 
The rupee opened at 64.44 per dollar up by 24 paise.
 

The US stocks fell for a second day in a row on Wednesday as lingering geopolitical concerns weighed on investor’s sentiment. The Dow Jones Industrial Average shed 59 points to end at 20,592. The Nasdaq Composite Index slipped 30 points and S&P 500 dropped 9 points. 
 
Asian markets declined on Thursday. Japan’s Nikkei 225 declined for a third session after the yen rose to the strongest in almost five months. Hong Kong’s Hang Seng has slipped 102 points and China’s Shanghai Composite has shed 4 points in morning trade.

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