Markets open in green, Sensex up by 200 points

Domestic equity markets on Monday opened in green. The benchamrk BSE Sensex opened 200 points higher while Nifty at 10,856.75. At 9:45, Sensex was at 36,173.90 up by 210.97 (0.59%) and Nifty was at 10,856.45 up by 51.00 points (0.47%).

Meanwhile, Asian share markets began the week on a cautious note after soft economic data from China and Europe added to evidence of cooling global growth and reinforced anxiety over the broadening impact of international trade frictions.

MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1% in early Monday trade, led by losses in China and Hong Kong. The CSI 300 of Shanghai and Shenzhen share index dropped 0.9%

Other markets showed some resilience. Japan's Nikkei was up 0.5% while U.S. stock futures ticked up 0.2%. Taiwan also gained 0.3%.

Meanwhile, the rupee appreciated by 16 paise to 71.74 against the US dollar in early trade Monday at the interbank foreign exchange, amid weakness in the greenback against some currencies overseas and a higher opening of domestic equities.

Forex traders said, increased selling of the American currency by exporters and banks and sustained foreign fund inflows also supported the domestic currency.

At the interbank forex market, the rupee opened higher at 71.84 and rose further to quote at 71.74, showing a rise of 16 paise over its previous close.

On Friday, the rupee fell by 22 paise against the dollar to close at 71.90.

Globally, Brent crude, the international benchmark, was trading 0.13% down at USD 60.36 per barrel.

Bombay Stock Exchange - BSE

National Stock Exchange of India Ltd (NSE)