The market has opened higher on Monday. The Sensex is up 118.21 points or 0.4 percent at 27954.71 and the Nifty is up 22.65 points or 0.3 percent at 8564.05.
About 186 shares have advanced, 47 shares declined, and 22 shares are unchanged. Asian Paints, Reliance, Axis Bank, Bajaj Auto and Infosys are top gainers while NTPC and ONGC aee losers in the Sensex.
The Indian rupee has opened lower by 9 paise at 67.15 per dollar against Friday's closing value of 67.06 a dollar. Turkey's Lira recouped losses as concern eased following a failed coup attempt in Turkey.
The nation's currency plunged the most in eight years against the dollar on Friday. Meanwhile, the yen declines against the dollar.
Pramit Brahmbhatt of Veracity says he expects the rupee to trade sideways in absence of any strong cues from domestic as well as global market.
Asia opened near flat, seeking direction ahead of a relatively data-light week in the region, while investors had a muted reaction to the risks surrounding a failed military coup in Turkey.
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