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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.41 per cent to 93.31.
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In the previous session, Sensex surged 376.60 points or 0.94 per cent to finish at 40,522.10, while Nifty climbed 121.65 points or 1.03 per cent to 11,889.40.
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The 30-share BSE index ended 376.60 points or 0.94 per cent higher at 40,522.10
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On the equity market front, BSE index Sensex was trading 11.80 points higher at 40,157.30, and the broader NSE Nifty advanced 20.55 points to 11,788.30.
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IndusInd Bank was the top laggard in the Sensex pack, shedding around 3 per cent, followed by ICICI Bank, ONGC, SBI, HDFC, Infosys and Reliance Industries.
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The 30-share BSE index was trading 173.47 points or 0.43 per cent lower at 40,512.03, and the broader NSE Nifty slipped 47.20 points or 0.40 per cent to 11,883.15.
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A strong US dollar is weighing on the rupee despite positive domestic equities trend, forex traders said.
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Tata Steel was the top gainer in the Sensex pack, shedding around 2 per cent, followed by Maruti, ICICI Bank, Bharti Airtel, Bajaj Finance, HDFC twins and TCS.
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The 30-share BSE index was trading 279.13 points or 0.69 per cent lower at 40,428.18, and the broader NSE Nifty fell 80.05 points or 0.67 per cent to 11,857.60.
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The 30-share BSE index was trading 404.42 points or 1 per cent higher at 40,948.79, and the broader NSE Nifty rose 113.55 points or 0.95 per cent to 12,010.35.
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Most of the Asian currencies have started marginally weak against the US dollar this morning and could weigh on sentiments.
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HCL Tech was the top gainer in the Sensex pack, surging around 3 per cent, followed by L&T, M&M, Tech Mahindra, Maruti, TCS, Asian Paints, Infosys and HDFC Bank.
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ICICI Bank was the top gainer in the Sensex pack, jumping over 5 per cent, followed by Axis Bank, Nestle India, SBI, HDFC, ONGC and Kotak Bank. On the other hand, Bajaj Auto, TCS, Bharti Airtel, M&M and Maruti were among the laggards.
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ICICI Bank was the top gainer in the Sensex pack, jumping over 5 per cent, followed by Axis Bank, Nestle India, SBI, HDFC, ONGC and Kotak Bank.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.17 per cent lower at 93.52.
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On the Sensex chart, IndusInd Bank, Tata Steel, Infosys, ONGC, Kotak Bank, NTPC and Bharti Airtel were among prominent gainers.
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The 30-share BSE index plummeted 1,066.33 points or 2.61 per cent to end at 39,728.41
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Tech Mahindra was the top loser in the Sensex pack, shedding around 2 per cent, followed by HCL Tech, TCS, ICICI Bank, Bajaj Finance and ITC.
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The 30-share BSE index opened on a weak note and gyrated over 600 points during the day. However, it gained ground in the last hour of the session to finish at 40,794.74, up 169.23 points or 0.42 per cent.
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Exchange data showed that foreign institutional investors bought equities worth Rs 615.17 crore on a net basis on Monday.