Mumbai, Dec 09 (HS): The stock market has opened on the green mark on the first trading day of the week. The Bombay Stock Exchange (BSE) Sensex opened 40 points higher at 40,485 at the start of trading. The Sensex had dropped by 103 points to reach 40342 by 9.27 am.
The National Stock Exchange (NSE) Nifty also gained 18 points to open at 11,939.10, but by 9.36 am the Nifty had also fallen 14 points to 11,907. In the initial phase, about 388 shares of BSE rose and 206 declined. Prominent stocks to rise were Zee Entertainment, Maruti Suzuki, Asian Paints, Hero Moto Corp, and Tata Steel, while the leading losers included Vodafone Idea, Bharti Infratel, Wipro, Axis Bank, IndusInd Bank, and ITC.
On Monday, at the start of trading, the rupee opened at 71.29 against the dollar and down 9 paise. The rupee was at 71.20 on Friday. The dollar has strengthened due to the strength in the US job market.
On the last trading day of last week, the Sensex was down 334.44 points and closed at 40 thousand of 445 points. The Nifty dropped by 96.90 points to 11,921.50.