Opening Bell – Benchmark Indices Open Flat To Positive, Nifty And Sensex At 8184 And 29630 Rspectively

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The BSE Sensex opened up by 55 points at 29630, while the Nifty50 opened higher by 3 points 9184 levels. Metal is down by 0.93% while PSU Bank is up by 0.54%BPCL, Bharti Infratel are the top gainers with 1.3% gains. Infosys recovers from yesterday’s fall and grabs third top position. ZEEL, HUL and ACC are the top losers.

Market breadth is positive with 998 advances, 681 declines and 95 unchanged stocks on NSE which reflects positive bias for now.The rupee opened at 64.65 per dollar and is currently trading at 64.66

Indian equities markets are poised to open lower on Tuesday on the back of negative sentiments prevailing in the Asian markets and choppy session on Wall Street. The bearish trend in the SGX Nifty, which was trading down by 26 point to 9,184, also signalled a negative start.

Nifty50 is heading towards its crucial support area which is placed in the zone of 9,150-9,160; a move below these levels might open up for a correction up to the level of 9,100. On the upside, the levels of 9,200-9,230 may act as resistance.

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