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The BSE Sensex opened up by 74 points at 30374, while the Nifty 50 opened higher by 26 points at 9386 mark.Adani Ports is the top Nifty gainer and Lupin is the top Nifty loser in the morning hours.The rupee opened at 64.54 per US dollar lower by 19 paise on Thursday. The rupee bounced back on Wednesday to close at 64.73 to the dollar, reviving hope of further strength to 64.30 level in the next few days, dealers said. It was at 64.89 to the dollar on Tuesday's close.
On the daily chart, Nifty50 Index has breached its rising trend line support which was formed by joining lows of 7,893.80 and 9088.75. Now, going forward, Nifty50 has support placed around the level of 9,320, and if this level is breached, the index may drift towards the level of 9,270. On the upside, the region of 9,410-9,430 is likely to act as an immediate resistance.
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