Opening Bell – Market opens at record high
At 9:15 AM, the BSE Sensex opened higher 53 points at 32,135 while the Nifty 50 opened higher by 15 points at 9939 mark.
Lupin is the top Nifty gainer trading at Rs 1161.60 per share, up by 2.71% whereas Bharti Infratel was the top Nifty loser trading at Rs 407.15 per share, down 0.77%. BSE Mid-cap index was trading at 15203 level, up 0.12% and BSE Small-cap index was trading at 16060 level, up by 0.42%.
Nifty Bank also opened its trade on Monday’s intraday session on fresh record highs. It opened at 24,307 level, gaining 5.80 points or 0.03% on Monday’s intra-day trade.
There were 956 advances, 519 declines and 464 unchanged stocks on NSE reflecting positive sentiments floating in the market.
Indian rupee opened at 64.41 per USD on Monday.
On Friday, US equities closed lower as the Dow Jones Industrial Average slipped over more than 100 points before closing 31.71 points lower at 21,580.07. The S&P 500 slipped 0.04% to close at 2,472.54.The Nasdaq composite ended 0.04% lower at 6,387.75 and snapped its longest winning streak since February 2015.
Asian markets were lower on Monday as market focussed on the weaker dollar and the upcoming two day policy meeting of Fed later this week.
The ASX 200 slipped 1% to 5,666.2 with most sectors trading lower. Japan’s benchmark Nikkei 225 fell 0.84% to 19,930.7, while the Topix index was down 0.81% at 1,616.73. The Kospi was down 0.17%.