Mumbai:Sensex ended at 20,490.96, down 175.19 points or 0.85 per cent on Monday.
The market has opened in the negative terrain. The Sensex is down 174.88 points at 20491.27. The Nifty slips 26.05 points to 6114.70. About 241 shares have advanced, 204 shares declined, and 20 shares are unchanged.
The rupee breached 63 per dollar for the first time since September 30. The Indian currency had slipped in the early trade against the dollar. It opened lower by 42 paise at 62.99 per dollar compared to Friday's close of 62.47. The US dollar holds near two-month highs having staged a broad rally after the upbeat US jobs data and the euro dollar holds near 1.33.
Ashok Gautam, Axis Bank said, "Earlier than expected close of the RBI swap window could impact on dollar-rupee movement in medium term." "If currency markets sense oil related dollar outflows, rupee could come under medium term pressure. The range for the day is seen between 62.2-62.8/USD," he added.
In Asia, index heavyweight Softbank rose 2 per cent while automakers Toyota and Honda motor jumped over 1 per cent each. Data out on early Monday showed Japan's current account surplus unexpectedly rose an annual 14.3 per cent in September.
In commodities, Brent trades at USD 105/bbl and Nymex futures trade firmer in early Asian trade after meetings between Iran and six western nations failed to reach a deal on Tehran's nuclear programme. From precious metals space, gold prices eased to trade near three-week lows after an unexpectedly strong US jobs report reignited fears the Federal Reserve could begin scaling back its support for the economy soon.
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