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Opening Bell – Markets open on a positive note

At 9:15 AM, Nifty opened at 10034 level, up by 20 points and Sensex opened at 32412 level, up by 103 points.

GAIL was top Nifty gainer trading at Rs 382.9 per share, up by 0.78% whereas Dr Reddy’s was top Nifty loser trading at Rs 2423.5 per share, down by 1.68%.

There were 619 advances, 344 declines and 314 unchanged stocks on NSR reflecting strong positive sentiments floating in the market. HDFC was most active stock by value on NSE trading at Rs 1782.9 per share, down by 0.14%.

Key results for the day: BEL, Hexaware, ICL, Indigo, Tech Mahindra, Godrej Consumer Products, Siemens, Shriram Transport, Torrent Pharma, UPL and V-Guard.

Rupee opened at 64.11 per USD appreciated by 4 paise.

In the US, the S&P 500 and Nasdaq both finished with marginal losses on Friday, while the Dow Jones Industrial Average rose 34 points to close at record 21,830. The S&P 500 index closed lower by 3 points at 2,472 and the Nasdaq Composite Index shed 8 points to close at 6,375.

Asian stocks are trading mixed in early trade on Monday. Japan’s Nikkei 225 has shed 14 points. Hong Kong’s Hang Seng has risen 148 points and China’s Shanghai Composite has advanced 5 points.