The market has opened flat on Monday. The Sensex is down 11.57 points or at 24605.40 and the Nifty is down 5.30 points at 7483.80. About 527 shares have advanced, 293 shares declined, and 44 shares are unchanged.
Tata Steel, Axis Bank, ICICI Bank, NTPC and Adani Ports are gainers while Infosys, Tata Motors, TCS, HDFC and ONGC are losers in the Sensex.
The Indian rupee declined in the early trade . It opened lower by 21 paise at 67.85 per dollar against 67.64 Friday. The dollar gained after a jobs report that supports bets the Federal Reserve will raise interest rates this year.
Asian shares got off to a rocky start after mixed US jobs data helped sink shares on Wall Street, but trade was thin with many regional markets closed for the Lunar New Year holiday.
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