The market has kickstarted the week lower. This week, the Fed is likely to hike interest rates for the first time in nine years, following strong macro data in the world's largest economy recently. The Sensex is down 170.63 points at 24873.80 and the Nifty down 54.75 points at 7555.70. About 192 shares have advanced, 335 shares declined, and 66 shares are unchanged.
GAIL, Hero MotoCorp, Maruti, HUL and Sun Pharma are top gainers while Tata Motors, TCS, M&M, ONGC and Axis Bank are among losers in the Sensex.
Rupee/Dollar: The Indian rupee opened at a fresh two-year low at 67.09 per dollar. It is trading lower by 21 paise against Friday's close of 66.88.
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