Market posted strong gains, most of Adani Group stocks recover
At close, the Sensex was up 1,961.32 points or 2.54% at 79,117.11, and the Nifty was up 557.35 points or 2.39% at 23,907.25.
The Rupee strengthened 11 paise to trade at 64.34 against the US Dollar in the morning session on Monday riding on higher foreign funds inflows.
The domestic currency received a boost from fresh selling of the American unit by exporters and banks amid a better opening in domestic equities.
However, a strong Dollar overseas squeezed the rupee's gains, traders added.
Advertisement
On Friday, the Rupee had ended flat at 64.45 against the US currency in an otherwise quiet and range-bound trade amid weaker Dollar sentiment overseas.
The benchmark Sensex rose 73.69 points, or 0.23 per cent, to 32,094.44 points in early trade on Monday.
Advertisement
