Stock Market Opening Bell & Nifty Market Trends by Money CapitalHeight

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Stock Market Opening News:

After a strong rally, the market has opened tepidly on Dhanteras, a day considered auspicious for buying gold. The Sensex is up 59.32 points at 26489.17 and the Nifty is up 16.15 points at 7895.55. About 485 shares have advanced, 142 shares declined, and 20 shares are unchanged. Sesa Sterlite, NTPC, Hindalco, Cipla and Tata Steel are top gainers in the Sensex. Among the losers are ONGC, Coal India, HUL, M&M and Sun Pharma.
The Indian rupee opened marginally higher at 61.30 per dollar against previous close of 61.36.
Intraday Stock Cash Tips

·         BUY SYMPHONY (LCP-1581.55) ABOVE 1586 TG-1599-1620

·         BUY KIRI INDUS (LCP 130.6) ABOVE 133 TG-135.5-139

·         BUY RUSHIL (LCP 50.2) ABOVE 51 TG-52.5-54.5

·         BUY TORRENT POWER (LCP-156.05) ABOVE 157 TG-159.5-162

Nifty Market Trends

The CNX Nifty was up 20.50 points or 0.26% at 7,899.90. The index hit a high of 7,917.10 in intraday trade. The index hit a low of 7,889.85 in intraday trade.

The BSE Mid-Cap index was up 34.65 points or 0.37% at 9,410.73. The BSE Small-Cap index was up 29.18 points or 0.28% at 10,392.63.

The market breadth indicating the overall health of the market was positive. On BSE, 625 shares rose while 261 shares declined. A total of 30 shares were unchanged.

NIFTY TREND: BULLISH

NIFTY SPOT LEVELS

SUPP 1: 7810 SUPP 2: 7735

RES 1: 7930 RES 2: 8050