Key benchmark indices trading higher in early morning trade. The BSE Sensex trading at 29023.36 up 190.97 points (0.66%) and NSE Nifty at 8953.20 up 55.65 points(0.65%).
The Market breadth indicating the overall health of the market is positive .On NSE there are 39 shares in advance where 12 shares in decline. Total Unchanged 0 share.
Reliance, Eichermot, Coal India, Axisbank and Maruti are gainers while Idea, Grasim, TCS, Auropharma and Infy are losers in the Sensex.
Cipla was up 1.22% after the company announced that it has entered into agreements, through its wholly owned subsidiary lnyanga Trading 386 (lnyanga), with the group companies of Ascendis Health, South Africa for divesting its animal health business in South Africa and Sub-Saharan Africa.
The Indian rupee opened higher at 66.77 on Monday as previous close of 66.81 against the US Dollar.