Buzzing: Shares of SpiceJet rose 7 percent on Monday after company is launching new direct flights to international destinations.
The company will connect Mumbai to a host of international destinations with direct non-stop flights to Hong Kong, Jeddah, Dubai, Colombo, Dhaka, Riyadh, Bangkok and Kathmandu. The new international flights will commence from May-end.
Market Opens: It is a flat to positive start for the truncated week on Monday with Nifty above 11,650 level.
At 09:1 hrs IST, the Sensex is up 70.98 points or 0.18% at 38838.09, and the Nifty up 22.10 points or 0.19% at 11665.60. About 533 shares have advanced, 207 shares declined, and 44 shares are unchanged.
TCS, Coal India, Tata Motors, Hero Moto, Wockhardt, Lakshmi Vilas Bank, DLF, ITC, GMR Infra, IOC are among major gainers, while losers are Infosys, Gail and ICICI Bank.
All the sectoral indices are trading in green led by metal, auto, infra, FMCG, and energy.
Rupee Opens: The Indian rupee opened higher by 8 paise at 69.07 per dollar on Monday versus Friday's close 69.15.
Market pre-open: Benchmark indices are trading higher in the pre-opening.
At 09:02 hrs IST, the Sensex is up 32.53 points or 0.08% at 38799.64, and the Nifty up 49.40 points or 0.42% at 11692.90.
Adani Power, TCS, are some of gainers in the pre-opening session while Infosys is trading marginally lower.
Crude Update: Oil prices edged lower on Monday after international benchmark Brent hit a fresh five-month high in the previous session, but concerns over global supplies kept prices well supported.
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