1st August- OPENING BELL- Nifty Is Set To Make Fresh Highs, Metal And Chemical Being Top Performers- Get Free Intraday Tips

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On the fourth consecutive day, the Indian Benchmark Index Nifty closed above 10000 level.Yesterday the Index closed at 10077 after making a high of 10086.

Bank Nifty made a fresh all time high of 25168. This is the first time the Index closed above the psychological level of 25000.The Index opened at 24881 and closed at 25104. Among the Banking stocks, State Bank of India rallied 4.5% after it reduced Interest Rate on Saving account deposits by 50 basis point to 3.5%.

Nifty to open gap up by 31 points at 10133, against yesterday’s close of 10102 as per SGX Nifty.

The Small Cap Index traded in a very narrow range of 37 points by making a high of 7832 and a low of 7793 and finally closed at 7801.

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