Opening Bell – Markets opens muted on global headwinds

The BSE Sensex opened higher by 235 points at 68 31272, while the Nifty50 opened higher by 6 points at 9619 mark.

Tata Power is the top Nifty gainer and Bharti Airtel is the top Nifty loser in the morning hours. 
 
The Nifty50 index saw a strong supply around levels of 9,640-9,650 in the previous session and, hence, the zone of 9,640-9,650 may continue to act as a strong resistance zone. On the flip-side, the level of 9,580 may act as an immediate support level for Nifty50, but if the index fails to hold this support level, it may witness further correction up to the levels of 9,550 and 9,530.
 
The rupee opened at 64.68 per US dollar appreciated by 6 paise. On Tuesday, The rupee made a smart recovery after Monday’s plunge, appreciating by 14 paise to close at 64.74 against the US currency on fresh bouts of dollar selling exporters and banks.


MORNING CALL: BUY UNITED SPIRITS FUTURE ABOVE 2578 TG 2590, 2604, 2618 SL 2558,