Markets, Rupee fall in opening trade

Key Indian equity indices on Monday morning opened flat following subdued global cues.

The 30-scrip Sensitive Index (Sensex), was trading 20.81 points or 0.08 percent up during the morning session.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 5.75 points or 0.07 percent up at 7,905.05 points.

The Sensex of the BSE, which opened at 25,891.03 points, was trading at 25,858.95 points (at 9.17 a.m.) in the early session, up 20.81 points or 0.08 percent from the previous day`s close at 25,838.14 points.

The Sensex touched a high of 25,891.03 points and a low of 25,827.87 points in the trade so far.

The rupee was trading lower by 22 paise at 66.70 against the dollar in early trade on sustained demand for the US currency from importers.

The dollar was weak against major global currencies and the domestic equity market saw a higher opening, which capped the rupee losses, dealers said.

The rupee had lost 8 paise to close at 66.48 against the dollar in Friday's trade on persistent demand for the American currency from banks and importers.