As expected the National Stock Exchange (NSE) 50-share benchmark index Nifty50 opened on a positive note at the level of 10,644.00 from its previous closing level of 10,616.70. Currently, it is trading near the level of 10,655.70, 39 points up. (09:23 AM IST)
On the other hand, the Sensex has risen nearly 100 points. Among sectors, there is strong strength resides in the pharmaceutical along with IT and automobile names. However, the metal stocks are under pressure.
The top gainers among Nifty50 are HCL Technology, Cipla, Sunpharma, and Grasim, however, the top losers are Yes Bank, ONGC, Hindustan Petroleum, and India Bulls etc.
Update: The Indian Rupee has opened flat at 71.99 per US dollar.
Update: The 10-year government bond yield opens unchanged at 7.76 percent.