Opening Bell – Nifty opens at record high; Nifty Bank above 25k

At 09:15 AM, Nifty opened at 10,133 level, up by 47.7 points while Sensex opened at 32,459 level, up by 187 points.

BSE Sensex gained 0.58% and Nifty also rose by 0.47% in opening trade on Monday.

Nifty Bank also opened higher. It is trading above 25,000 mark, up by 0.70%.

Tata Motors is top Nifty gainer, trading at Rs 411.55 per share, up by 2.44% while Dr. Reddy’s Laboratories is top Nifty loser, trading at Rs 2,191.05 per share, down by 0.91%.

The rupee opened at 64.05 per USD.

The Dow Jones Industrial Average rose 64 points to settle at 22,268.34 The Nasdaq Composite Index up by 19 points to close at 6,448.47. The S&P 500 edged up by 4 points to finish at 2,500.23.

Asian markets gained on Monday. South Korea's benchmark Kospi index rose 0.93%, with technology stocks driving broader gains. Down Under, the S&P/ASX 200 tacked on 0.58%. Greater China markets were also positive. The Hang Seng Index rose 0.85%. On the mainland, the Shanghai Composite rose 0.25% and the Shenzhen Composite added 0.244%. Japan markets are closed for a public holiday.

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