OPENING BELL BY TRADEINDIA RESEARCH
SENSEX UP + 91.19 @ 28425.74,
NIFTY FUTURE UP + 15.50 @ 8815.20,
BANK NIFTY FUTURE UP + 99.85 @ 19884.65,
USD/INR – 66.63.
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The market has opened firm with the Nifty scaling 8800. There is a positive sentiment in the market after Reserve Bank of India decided to cut rates in its bi-monthly monetary policy review yesterday.
The 50-share index is up 37.20 points or 0.4 percent at 8806.35 while Sensex is at 285449, up 116 points or 0.4 percent.
The Indian rupee opened lower by 17 paise at 66.63 per dollar on Wednesday against previous close 66.46.