Stock Market: The
market has opened flat as the Sensex is down 5.40 points 26122.80. The Nifty is
down 2.70 points at 7940.00. About 491 shares have advanced, 143 shares
declined, and 77 shares are unchanged.
Stocks: Dr Reddy's Labs, BHEL, Tata Motors, HDFC Bank and M&M are top gainers while HDFC, Sun Pharma, ONGC, Cipla and Lupin are amogn losers in the Sensex.
Rupee/Dollar:
The Indian rupee has opened
marginally lower at 66.78 per dollar on Monday compared to 66.76 a dollar in
previous trading session.
On the downside, the rupee could dip to 66.65-66.70 a dollar where demand from
importers should come in.
The dollar hit an eight-month high against a basket of
currencies as speculation the Swiss National Bank could follow the ECB in
cutting deposit rates further pushed major competitors lower.
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