Share Market Update: Nifty, Sensex Gain, Rupees trades Higher.

Share Market Opening: Equity benchmarks opened higher on Monday with Nifty well above the mark of 10,700, while Sensex also gained over 150 points. The Nifty index is up by 21 points at 10,704 mark.

Variation in Sectors: On the sectoral front, real estate, metal and automotive stocks are trading in the negative zone.

Variation in Scrip: Jet Airways is down by 10%, Bharti Airtel is down by 2%, Siemens is down by 4%, HPCL, IOC, ICICI Bank and Axis Bank are among the big losers. Investment of Tata gained 7%.

Rupees variation: The Indian rupee traded marginally weaker than the US dollar because traders avoided taking long positions ahead of the key meeting of the Indian Reserve Bank on Monday.

Wrapping News: Tata Investment Corporation ‘s share price increased by more than 8% in the early trade on Monday after the company approved the buyback plan.

Result Today: Alexander Stamp, Rollatainers, Tamil Telecom.

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