BSE Sensex opened higher by 81 points at 31392, while the Nifty50 opened higher by 13 points at the 9670 mark.
ICICI Bank was the top Nifty gainer while Lupin was the top Nifty loser on the opening bell on Tuesday. ICICI Bank was trading higher by 2.01% at Rs 295 per share and Lupin was trading lower by 0.9% at Rs 1121 per share.
There were 872 advances, 543 declines and 484 unchanged stocks on NSE reflecting fairly positive bias floating in the market.
Rupee opened lower by 5 paise at 64.48 per USD. However, on Monday, the rupee ended flat at 64.43 against the USD in a fairly range-bound trade even as impending Brexit talks took centre-stage globally.
Nifty50 index now has immediate resistance placed around the level of 9,685, and if it holds above this level, it may extend its upmove up to the levels of 9,710-9,750. On the downside, supports are seen at 9,620 and 9,580.
The US stocks rose on Monday, with both Dow and the S&P 500 climbing to new record closing highs. The tech-heavy Nasdaq Composite Index rose 87 points to 6,239, a gain of 1.14%, its biggest one-day point and percentage move since November 7. The Dow Jones Industrial Average surged 144 points at 21,529. The S&P 500 gained 20 points to finish at 2,453.
Asian stocks are trading mixed in early trade on Tuesday. Japan’s Nikkei 225 has surged 225 points; Hong Kong’s Hang Seng has shed 13 points, while China’s Shanghai Composite has slipped 4 points.
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