Wednesday, 31 May 2017

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The BSE Sensex opened lower by 63 points at 31222, while the Nifty50 opened lower by 12 points at 9636 mark.M&M is the top Nifty gainer and ONGC is the top Nifty loser in the morning hours. There are 886 advances, 534 declines and 476 unchanged stocks on NSE reflecting some positive bias floating in the market.Now, going forward, Nifty50 needs to hold above the levels of 9,640-9,650 to extend its up move towards the levels of 9,680-9,700. On the downside, the support for Nifty50 is placed at the levels of 9,550 and 9,505.

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