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The
market has opened higher on Monday. The Sensex is up 157.91 points at 24593.57 and the Nifty is up 46.10 points or 0.6 percent at 7468.55.
About 870 shares have advanced, 130 shares declined, and 35 shares are
unchanged.
SBI, M&M, ICICI Bank, ONGC and Tata Steel are top gainers while
Bharti Airtel, Wipro, ITC and HUL are losers in the Sensex.
Currency Market Updates: The Indian rupee
opened higher by 9 paise at 67.54 per dollar against 67.63 Friday.Asian Share Market News: Asian stocks gained in early trade, relieved after seeing Wall Street rally overnight on the back of a sharp rise in crude oil prices.
Global equities were
also boosted last week as the European Central Bank signaled additional
monetary easing steps to come, and focus fell on the Federal Reserve and Bank
of Japan meetings this week. From the Fed, investors will look for any hints of
when a second interest rate hike would come, while speculation mounted last
week toward the BOJ implementing additional easing measures.
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