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At 09:15 AM, Nifty opened at 9,884 level, up by 25 points while Sensex opened at 31,522 level, up by 25 points.

Hindustan Petroleum was top Nifty gainer trading at Rs 444 per share, up by 2.16% whereas Coal India was top Nifty loser trading at Rs 270.5 per share, down by 0.55%.

The zone of 9,900-9,930 is a key resistance area for the Nifty50 index. On the downside, the zone of 9,810-9,830 is an immediate support level and a breach of this support level may open gates for correction up to the levels of 9,760 and 9,700.

The rupee opened at 65.36 per US Dollar.

The US equities continue to set fresh records on Tuesday. The Dow Jones Industrial Average added 84 points to settle at 22,642. The Nasdaq Composite Index rose 15 points to close at 6,532. The S&P 500 inched up 6 points to finish at 2,535.

Asian equity benchmarks are trending up in the early morning trade on Wednesday, tracking positive cues overnight from Wall Street.  Japan’s Nikkei 225 has gained 47 points, Hong Kong’s Hang Seng has surged 243 points and China’s Shanghai Composite has added 10 points.