At 09:15 AM, Nifty opened at 9,881 level, up by 29 points while Sensex opened at 31,673 level, up by 105 points.
Infosys was top Nifty gainer trading at Rs 907.05 per share, up by 1.6% while Dr Reddy’s was top Nifty loser trading at Rs 2,018 per share, down by 0.6%. There were 835 advances, 501 declines and 478 unchanged stocks on NSE reflecting strong positive undertone in the morning hour.
On the broader market, BSE Mid-cap index was trading at 15,152 level, up by 0.14% while BSE Small-cap index was trading at 15,612 level, up 0.24%.
Nifty50 has resistance placed around the level of 9,900 and the next resistance is placed around the level of 9,950. On the downside, 9,800 is a strong support area, and if this support is breached, the next support stands at 9,750 level.
The rupee opened at 64.03 per US Dollar on Thursday. It had closed at 64.11 a dollar on Wednesday
The US stocks ended with marginal losses on Wednesday as traders reacted to comments by President Donald Trump at a rally in Phoenix, Arizona. The Dow Jones Industrial Average fell 88 points to finish at 21,812. The tech-heavy Nasdaq Composite Index shed 19 points to close at 6,278. The S&P 500 slid 8 points to end at 2,444.
Asian markets are showing mixed trend in early trade on Thursday. Japan’s Nikkei 225 has shed 28 points. Hong Kong’s Hang Seng has gained 94 points and China’s Shanghai Composite has advanced 2 points..
Infosys was top Nifty gainer trading at Rs 907.05 per share, up by 1.6% while Dr Reddy’s was top Nifty loser trading at Rs 2,018 per share, down by 0.6%. There were 835 advances, 501 declines and 478 unchanged stocks on NSE reflecting strong positive undertone in the morning hour.
On the broader market, BSE Mid-cap index was trading at 15,152 level, up by 0.14% while BSE Small-cap index was trading at 15,612 level, up 0.24%.
Nifty50 has resistance placed around the level of 9,900 and the next resistance is placed around the level of 9,950. On the downside, 9,800 is a strong support area, and if this support is breached, the next support stands at 9,750 level.
The rupee opened at 64.03 per US Dollar on Thursday. It had closed at 64.11 a dollar on Wednesday
The US stocks ended with marginal losses on Wednesday as traders reacted to comments by President Donald Trump at a rally in Phoenix, Arizona. The Dow Jones Industrial Average fell 88 points to finish at 21,812. The tech-heavy Nasdaq Composite Index shed 19 points to close at 6,278. The S&P 500 slid 8 points to end at 2,444.
Asian markets are showing mixed trend in early trade on Thursday. Japan’s Nikkei 225 has shed 28 points. Hong Kong’s Hang Seng has gained 94 points and China’s Shanghai Composite has advanced 2 points..
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