Mumbai: The equity benchmark indices opened on a negative note on the first day of the week. Against its last close of 35,011.65, the 30-share Sensex opened at 35,118.62.
As compared to its previous close of 10,553, the Nifty50 index of the National Stock Exchange (NSE) started at 10,558.75.
At 9:25 am, the S&P BSE Sensex traded low at 127.22 points or 0.36% to 34,884.43, while the wider Nifty lost 45.90 points or 0.43% to trade at 10,507.10.
The top five laggards on the Nifty pack were Indian Oil, ICICI Bank, NTPC, Bharat Petroleum and PowerGrid Corporation.
Meanwhile, the Indian rupee reduced 34 paise to 72.79 against the US dollar at the foreign exchange market on the Monday’s early trade on foreign fund outflows.
Against the last close of 72.45, the home currency started lower at 72.76 against the greenback.
The Indian currency further declined to 34 paise in the opening trade session on Monday.