BSE Sensex and Nifty were higher on Friday, boosted by the passage of the insurance Bill and better-than-expected industrial output data. Higher global markets also lifted the sentiment.
TS Harihar, Chief Executive and Founder of HRBV Client Solutions Private, said that 9000 levels continue to be a stiff upper resistance for the Nifty in the wake of speculations of earlier-than-expected rate hike from US Federal Reserve.
Imtiyaz Qureshi, Co-Founder & Director of Investeria Financial Services, said if Nifty manages to close decisively above 8,850, the next level to watch to 9070.
At its day's high Sensex rose over 250 points to 29,183 while Nifty hit 8849.
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