TCS, BPCL, IOC and Bharti Infratel Were Early Gainers

Coal India, Reliance Industries, L&T, BHEL, Cipla, TCS, BPCL, IOC and Bharti Infratel were early gainers while HDFC, GAIL, Lupin, Asian Paints, Eicher Motors and Asian Paints were losers.

The Indian rupee opened marginally lower at 64.30 per dollar against Friday's close of 64.28.

Pramit Brahmbhatt of Veracity says next technical hurdle for rupee is 64.20/dollar. Trading range for the spot USD-INR pair will be 64.20-64 70/dollar, he feels.

The dollar started the week at three-week highs against a currency basket after a key US Federal Reserve official reinforced the Central Bank's commitment to interest rate hikes.

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