Opening Bell – Markets edge higher; Nifty opens above 9900
Equity tips:-
- The BSE Sensex opened higher by 33 points at 32053, while the Nifty50 opened higher by 21 points at 9908 mark.
- Wipro is top Nifty gainer trading at Rs 265.3 per share, up by 2.1% whereas ITC is top Nifty loser trading at Rs 329.4 per share, down by 3.2% in the morning hour on Monday. There are 935 advances, 436 declines and 425 unchanged stocks on NSE reflecting strong positive sentiments floating in the market.
- ACC Limited is going to announce its financial result for the quarter ended June 30, 2017. The stock was trading at Rs 1765.15 per share, up by 0.72% on BSE.
- BSE Mid-cap index was trading at 15227 level, up by 40 points while BSE Small-cap index was trading at 15941 level, up by 33 points.
- The zone of 9,840-9,830 may act as an immediate support zone for the Nifty50, whereas on the upside, the zone of 9,910-9,940 is a key resistance level to watch out for. Once this resistance zone is crossed, Nifty may head towards the level of 10,000.
- The rupee opened at 64.34 per USD, appreciating by 11 paise.
- The Dow Jones Industrial Average rose 85 points to close at 21,638. The S&P 500 index advanced 11 points to finish at a record 2,459. The Nasdaq Composite Index surged 38 points to finish at 6,312.
- Majority of the Asian Markets are trading in the positive terrain in early trade on Monday. Hong Kong's Hang Seng has surged 111 points, while China’s Shanghai Composite has slipped 38 points. Japan’s Nikkei 225 is shut today on account of Marine Day holiday.
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