Opening Bell – Nifty & Sensex open marginally higher; Telecom stocks lose
The stock is top Nifty gainer trading at Rs 860 per share, up by 3% whereas Bharti Airtel is top Nifty loser, trading at Rs 377.9 per share, down by 4.28%. BSE Telecom index is top loser among sectoral indices trading at 1,373 level, down by 28 points or 2%.
Nifty50 has resistance placed in the region of 10,180-10,200. On the other hand, Nifty50 has strong support placed in the region of 10,130-10,140.
The rupee has opened at 64.25 per USD.
The Dow Jones Industrial Average rose 39 points to 22,371. The Nasdaq Composite Index inched up 7 points to 6,461 and the S&P 500 advanced 3 points.
Stock markets in Asia looked mostly subdued on Wednesday, with the investors searching for directions after Wall Street ended flat. The Japan’s Nikkei 225 has gained 5 points and the Hong Kong’s Hang Seng has climbed 60 points, whereas, China’s Shanghai Composite has lost 3 points.