Opening Bell - Nifty Opens Flat With Some Positive Bias Eicher Motors Is Top Nifty Gainers

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The BSE Sensex opened higher by 50 points at 29838, while the Nifty50 opened higher by 5 points at 9242 marks. Eicher Motors is the top Nifty gainer and Tata Power is the top Nifty loser in the morning hours on Wednesday. Eicher Motors is trading higher by 1% at Rs 26148 per share whereas Tata Power is trading lower by 0.9% at Rs 84.6 per share.There are 954 advances, 482 declines and 456 unchanged stocks on NSE reflecting strong positive bias floating in the market.

The Nifty50 may face resistance around the zone of 9,275-9,280 and a move above this level may open for 9,330 levels. On the downside, the level of 9,180-9,200 may act as an immediate support zone.

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