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Market opens in green, Nifty crosses 9300 level, Sensex opens above 30k mark

At 9:15 am the BSE Sensex opened at 30,057 up 0.53%, while the Nifty50 opened up by 0.44% at 9352 mark.
ICICI Bank is the top Nifty gainer and IndusInd Bank is the top Nifty loser in the morning hours. ICICI Bank is trading at Rs 286.70 per share up by 5.11% whereas IndusInd Bank is trading at Rs 1426.80 per share, down by 0.81%.
There are 990 advances, 423 declines and 487 unchanged stocks on NSE reflecting some positive bias floating in the market.
On Wednesday, the rupee closed at 64.15 per US dollar.
Nifty50 is facing strong supply around levels of 9,350-9,360, hence, a momentum is likely to be witnessed only if Nifty50 moves above these levels, and if it does, it is likely to scale to the level of 9,400, On the downside, the zone of 9,250-9,270 is a strong support zone.
On Wednesday, the Dow Jones Industrial Average eked out modest gains, while other major indices posted marginal losses after the Federal Reserve left monetary policy unchanged as expected, and indicated it remains on track to deliver two more rate increases by the year-end. The Dow Jones Industrial Average gained 8 points to finish at 20,958. The S&P 500 slipped 3 points to close at 2,388. The Nasdaq Composite ended with losses of 23 points to 6,073.

Asian markets are trading in the negative territory on Thursday.  Financial markets in Japan are closed on account of public holiday. Hong Kong’s Hang Seng is trading lower by 120 points, while China’s Shanghai Composite has shed 16 points.