Monday 17 July 2017

Opening Bell – Markets Edge Higher; Nifty Opens Above 9900

Posted by suhani varma on Monday, July 17, 2017 with No comments
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The BSE Sensex opened higher by 33 points at 32053, while the Nifty50 opened higher by 21 points at 9908 mark. Wipro is top Nifty gainer trading at Rs 265.3 per share, up by 2.1% whereas ITC is top Nifty loser trading at Rs 329.4 per share, down by 3.2% in the morning hour on Monday. There are 935 advances, 436 declines and 425 unchanged stocks on NSE reflecting strong positive sentiments floating in the market.

ACC Limited is going to announce its financial result for the quarter ended June 30, 2017. The stock was trading at Rs 1765.15 per share, up by 0.72% on BSE. BSE Mid-cap index was trading at 15227 level, up by 40 points while BSE Small-cap index was trading at 15941 level, up by 33 points.
 
The zone of 9,840-9,830 may act as an immediate support zone for the Nifty50, whereas on the upside, the zone of 9,910-9,940 is a key resistance level to watch out for. Once this resistance zone is crossed, Nifty may head towards the level of 10,000.


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