Sensex opens slightly green at 322 points, Nifty up 94 points

Indian fairness frontline indices opened comparatively in green on Tuesday following constructive home and world cues. In the early commerce, Sensex and Nifty made a brand new all-time excessive of 77,326 and 23,573 respectively.

At 9:45 a.m., Sensex was at 77,315, up 322 points or 0.42 per cent, and Nifty was up 94 points or 0.40 per cent, at 23,559, reflecting the uncertainty in home political developments amid EVMs row and NEET-related arrests.

On NSE, 1735 shares are buying and selling within the green and 348 shares are buying and selling within the pink mark. The Nifty Midcap 100 index is up 140 points or 0.25 per cent at 55,365 and the Nifty Smallcap 100 index is at 18,171, up 127 points or 0.71 per cent.

Among the sectoral indices, Auto, IT, PSU, FMCG, Metal, Realty, and Energy indices are main gainers, whereas Pharma and Fin Services are main laggards. Wipro, Titan, M&M, Tech Mahindra, Infosys, Power Grid, NTPC, Bharti Airtel, Tata Motors, HCL Tech, SBI and L&T are the highest gainers.

Maruti Suzuki, Kotak Mahindra, HDFC Bank, Reliance, ICICI Bank and TCS are the highest losers.

Deven Mehata, Research Analyst, Choice Broking stated, “After a spot up Opening Nifty can discover help at 23,400 adopted by 23,300 and 23,200. On the upper facet, 23,550 will be an instantaneous resistance, adopted by 23,650 and 23,700.”

“The charts of Bank Nifty point out that it might get help at 49,800, adopted by 49,700 and 49,500. If the index advances additional, 50,200 can be the preliminary key resistance, adopted by 50,350 and 50,500.” Mehata added.

Most of the markets in Asia are buying and selling within the green. Tokyo, Shanghai, Bangkok, and Seoul are within the green. However, the markets of Hong Kong and Jakarta are within the pink. American markets closed with positive factors on Monday.

Crude oil benchmark Brent crude is at $84 per barrel and WTI crude is at $79 per barrel.

(With inputs from IANS)