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The BSE Sensex opened higher by 116.17 points at 28450.42, while the Nifty50 opened higher by 31.15 points at the 8824.70 mark.
There are 931 advances, 459 declines and 387 unchanged stocks on NSE in the morning hours of Monday’s trading session reflecting strong positive bias floating in the market. The rupee opened at 66.90 per dollar.
Today is going to be the busiest day of the earnings season as over 670 companies will release their financial reports, including big names such as Petronet LNG, Motherson Sumi Systems, Britannia Industries, Concor, NBCC.
Petronet LNG is trading at Rs 382.50 per share up by 0.33%. Motherson Sumi Systems is trading at Rs 357.60 per share up by 0.48%. NBCC is trading at Rs 282.05 per share up by 0.27%.
The levels of 8820-8825 is key resistance for the Nifty and move above this resistance zone may help Nifty to scale up to levels of 8900-8950. On the downside, the level of 8700-8715 is a key support zone for Nifty and a move below this zone may attract correction up to level of 8650.
The American and European markets closed in green on Friday’s trading session. NASDAQ closed higher by 18.95 points; FTSE 100 closed higher by 29.25 points; CAC 40 closed higher by 2.08 points; German DAX closed higher by 24.11 points.
The Asian markets are mostly trading in green. Nikkei 225 is trading higher by 104.45 points; Shanghai Composite is trading higher by 14.23 points; SGX Nifty is trading higher by 38.50 points.
There are 931 advances, 459 declines and 387 unchanged stocks on NSE in the morning hours of Monday’s trading session reflecting strong positive bias floating in the market. The rupee opened at 66.90 per dollar.
Today is going to be the busiest day of the earnings season as over 670 companies will release their financial reports, including big names such as Petronet LNG, Motherson Sumi Systems, Britannia Industries, Concor, NBCC.
Petronet LNG is trading at Rs 382.50 per share up by 0.33%. Motherson Sumi Systems is trading at Rs 357.60 per share up by 0.48%. NBCC is trading at Rs 282.05 per share up by 0.27%.
The levels of 8820-8825 is key resistance for the Nifty and move above this resistance zone may help Nifty to scale up to levels of 8900-8950. On the downside, the level of 8700-8715 is a key support zone for Nifty and a move below this zone may attract correction up to level of 8650.
The American and European markets closed in green on Friday’s trading session. NASDAQ closed higher by 18.95 points; FTSE 100 closed higher by 29.25 points; CAC 40 closed higher by 2.08 points; German DAX closed higher by 24.11 points.
The Asian markets are mostly trading in green. Nikkei 225 is trading higher by 104.45 points; Shanghai Composite is trading higher by 14.23 points; SGX Nifty is trading higher by 38.50 points.
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