Nifty Opening Update: Nifty Open-9533.5, High-9533.5, Low-9425.60 Current-9450

09:30 Opening Update: Nifty Open-9533.5, High-9533.5, Low-9425.60 & Current-9450. Nifty has held on to trade above 9400 with CE & PE premium's soaring up on the steep fall in the Index. 

As Long as 9400 - 9500 ranges are not broken it may not be wise to take any view on Index. 

Nifty Metals, Bank & Auto are dragging down while Pharma as usual the defensive sector is trying to hold some gains. UBL, Lupin & Mcdowell are in Top gain list while MotherSumi, Tatamotor & Hindalco are in top loosers.