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The BSE Sensex opened higher by 42 points at 29407, while the Nifty50 opened higher by 16 points at the 9135 mark.Kotak Bank is the top Nifty gainer and Wipro is the top Nifty loser in the morning hours on Monday. Kotak Bank is trading higher by 0.4% at Rs 884 per share and Wipro is trading lower by 0.76% at Rs 487.5 per share.
Nifty50 has support placed in the region of 9,060-9,070, and if it moves below this support zone, the next support level to watch out for is 9,000. On the higher side, immediate resistance is around the level of 9,165 and the next resistance is around 9,220.
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