09:15
Moneycontrol BureauLive Market Commentary
The market has kick-started the week on a strong note. The Sensex is up 189.46 points or at 20588.88, and the Nifty is up 58.15 points at 6114.30.
About 321 shares have advanced, 68 shares declined, and 14 shares are unchanged.
The rupee breached the 63-mark in early trade on Monday to open at 62.85 per dollar, up 26 paise from Thursday's closing of 63.11 per dollar.
Agam Gupta of Standard Chartered feels dollar-rupee should open lower at 62.90-62.95/USD. "There has been some dollar weakness since India market close on Thursday. This will cause the sentiment to be slightly rupee positive," he adds.
According to him, the range for the day is seen between 62.75-63.25/USD.
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BSE Sensex up over 200 pts; HDFC Bank, SBI, Infosys gainers
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