The BSE Sensex opened lower by 63 points at 31222, while the Nifty50 opened lower by 12 points at 9636 mark.
M&M is the top Nifty gainer and ONGC is the top Nifty loser in the morning hours.
Now, going forward, Nifty50 needs to hold above the levels of 9,640-9,650 to extend its up move towards the levels of 9,680-9,700. On the downside, the support for Nifty50 is placed at the levels of 9,550 and 9,505.
M&M is the top Nifty gainer and ONGC is the top Nifty loser in the morning hours.
Now, going forward, Nifty50 needs to hold above the levels of 9,640-9,650 to extend its up move towards the levels of 9,680-9,700. On the downside, the support for Nifty50 is placed at the levels of 9,550 and 9,505.
The Indian rupee rebounded to 64.55 against the US dollar after correction in previous session. It gained 11 paise compared with previous day's closing of 64.66 a dollar.
Infosys, ITC, TCS, NTPC, ONGC and Aurobindo Pharma were early losers.
BUY BEML FUTURE ABOVE 1270 TG 1276, 1284, 1294 SL 1260,
BUY MAHINDRA AND MAHINDRA FUTURE ABOVE 1426 TG 1432, 1440, 1450 SL 1416,
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