Friday 21 April 2017

Opening Bell - Bulls Dominate On D Street Nifty Opens Up By 43 Points

Posted by heena khaan on Friday, April 21, 2017 with No comments
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The BSE Sensex opened higher by 153 points at 29575, while the Nifty50 opened higher by 43 points at the 9179 mark. Bharti Infratel is the top Nifty gainer and Sun Pharma is the top Nifty loser. Infratel is trading higher by 3.25% at Rs 353.85 per share and Sun Pharma is trading lower by 1.55% at Rs 645.8 per share. reflecting strong positive undertone in the market.

ACC Limited and HDFC Bank will be in the limelight for the day as the companies are set to release their January-March quarter earnings. ACC Limited is trading at Rs 1507.55 per share down by 0.23%. HDFC Bank is trading at Rs 1468.5 per share up by 0.43%.

Nifty 50, going forward, needs to sustain above the level of 9,165 to extend its rally up to the levels of 9,200-9,220. On the downside, the level of 9,100 is an immediate support and the next support is placed around the level of 9,060.
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