Sensex gains 150 points, Nifty above 10,700
Equity benchmarks have opened higher on Monday with Nifty is well above 10,700 marks, while Sensex also gained more than 150 points.
At 09:16 hrs, the Sensex is up 160.65 points at 35,617.81, while Nifty is up 40.60 points at 10722.80. About 536 shares have advanced, 231 shares declined, and 44 shares are unchanged.
Jet Airways down 10 percent, Bharti Airtel is down 2 percent, Siemens is down 4 percent, HPCL, IOC, ICICI Bank, Axis Bank are among major losers. Tata Investment gained 7 percent.
Indian indices are trading higher in the pre-opening trade with Nifty is trading above 10,700 level.
At 09:01 hrs IST, the Sensex is up 124.64 points or 0.35% at 35581.80, while Nifty up 61.20 points or 0.57% at 10743.40.source-www.moneycontrol.com
The Indian rupee opened flat at 71.92 per dollar on Monday versus previous close 71.92.
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