Indian Stock Market Tips- Nifty surpasses 11,400 in pre-opening, Sensex trades higher; rupee opens at 71.70/$

Investors could keep in mind steady global cues along with a stronger rupee as it heads into trade on Friday.


Rupee opens higher: The Indian rupee continues it gaining momentum on Friday as it gained 49 paise in the opening trade.

It opened higher at 71.70 per dollar versus 72.19 Wednesday.

Technically, now USD-INR is getting support at 71.775 and below same could see a test of 71.39 level, and resistance is now likely to be seen at 72.785, a move above could see prices testing 73.41, according to LKP currency report.

Market at pre-open: Equity benchmarks are likely to have a good start on this Friday morning, with pre-opening rates indicating an upbeat move. The Nifty has zoomed past 11,400, while the Sensex is up almost 200 points.

The Indian rupee has opened at a one-week high and opened at 71.70 per US dollar.  

Sensex is up 199.22 points or 0.53% at 37917.18, and the Nifty up 73.20 points or 0.64% at 11443.10.

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