Opening Bell – Nifty At Record High, Opens At 9657

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The BSE Sensex opened lower by 68 points at 31205, while the Nifty50 opened lower by 41 points at 9657 mark.Lupin is the top Nifty gainer and Bajaj Auto is the top Nifty loser in the morning hours. There are 1100 advances, 315 declines and 453 unchanged stocks on NSE reflecting some positive bias floating in the market.

The levels of 9,645-9,650 are likely to act as a strong barrier for the Nifty50. If it holds above these levels, a rally up to levels of 9,700-9,730 is likely to happen, while on the downside, the support for Nifty50 index is placed at levels of 9,550 and 9,500.

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