The BSE Sensex opened at 30,005 up 0.28%, while the Nifty50 opened up by 0.29% at 9340 mark.
Indiabulls Housing Finance is the top Nifty gainer and Lupin is the top Nifty loser in the morning hours. Indiabulls Housing Finance is trading at Rs 1075.05 per share up by 5.71% whereas Lupin is trading at Rs 1303.90 per share, down by 2.57%.
The rupee opened at 64.12 per US dollar higher by around 9 paise. On Tuesday, the rupee closed at 64.21 per US dollar.
Nifty50 needs to hold above the level of 9,350 to continue its upward momentum. If it does hold above 9,350, it is likely to scale up to the level of 9,400. On the downside, the zone of 9,250-9,270 is a crucial support zone, and if Nifty50 trades below this support zone, it is likely to test the level of 9,200.
Indiabulls Housing Finance is the top Nifty gainer and Lupin is the top Nifty loser in the morning hours. Indiabulls Housing Finance is trading at Rs 1075.05 per share up by 5.71% whereas Lupin is trading at Rs 1303.90 per share, down by 2.57%.
The rupee opened at 64.12 per US dollar higher by around 9 paise. On Tuesday, the rupee closed at 64.21 per US dollar.
Nifty50 needs to hold above the level of 9,350 to continue its upward momentum. If it does hold above 9,350, it is likely to scale up to the level of 9,400. On the downside, the zone of 9,250-9,270 is a crucial support zone, and if Nifty50 trades below this support zone, it is likely to test the level of 9,200.
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