Nifty, Sensex open in green, Maruti Suzuki top Nifty gainer
At 9:15 AM, the BSE Sensex opened up by 107 points at 30,025, while the Nifty50 opened up by 29 points at 9333 mark.
Maruti Suzuki India is the top Nifty gainer and Ambuja Cements is the top Nifty loser in the morning hours. Maruti Suzuki India is trading at Rs 6669.95 per share up by 2.22% whereas HDFC bank is trading at Rs 242.50 per share, down by 1.38%.
There are 966 advances, 392 declines and 446 unchanged stocks on NSE reflecting some positive bias floating in the market.
The rupee opened at 64.18 per US dollar higher by around 6 paise. On Friday, the rupee closed at 64.24 per US dollar.
Nifty50 has crucial support placed around the level of 9,250 and a hold below 9,250 level could attract a decline towards the level of 9,200 while, on the upside, Nifty50 has immediate resistance around the level of 9,345 and the next resistance around the 9,370 level.
The tech-heavy Nasdaq Composite closed at a record on Monday led by shares of Apple which scaled to a new high; the Nasdaq Composite climbed 44 points to 6,092, while the Dow Jones slipped 27 points to finish at 20,913. The S&P 500 index closed up 4 points at 2,388.
Most of the Asian markets are trading in the green on Tuesday. Japan’s Nikkei 225 surged 121 points as yen weakened for the fourth day. Markets in China and Hong Kong reopened after a holiday. Hong Kong’s Hang Seng is trading with gains of 77 points, while China’s Shanghai Composite is trading lower by 12 points.