Indian equities opened the day negatively after gaining 0.58% during the previous working day.

Today, the 30-share index, BSE Sensex belled the day after losing 40.11 points at 17,533.88. The BSE Sensex, on Thursday, marked its closure with a gain of 101.43 points.

At 9:20 a. m., Sensex stood at 17,679.55, up 105.56 points, after hitting a high of 17,693.28 and a low of 17,533.88. In the meantime, Nifty gained 25.45 points at 5,294.80. Nifty hit a high of 5,300.55 and a low of 5,269.65.

Among the sectoral indices, BSE Oil & Gas surged 1.04%, Bankex gained 1.02%, IT climbed 0.69%, PSU went up 0.57% and Capital Goods was up by 0.52%.

Major losers in the sectoral indices were BSE FMCG, which lost 0.19%, Metal fell 0.17%, Power declined 0.13% and HC was down by 0.02%.

The top gainers in the Sensex included SBI, RIL, L&T, Wipro, ICICI Bank and DLF.

While commenting on the market outlook today, Angel Broking said that the trend deciding level for today is 17,587 / 5,274 levels. If NIFTY trades beyond this level in the first half-an-hour of trade then investors may see a further rally up to 17,766-17957 / 5,327-5,385 levels.

"However, if NIFTY trades below 17,587 / 5,274 levels for the first half-an-hour of trade then it may correct up to 17,395-17,216 / 5,216-5,163 levels," Angel Brokind added.