The Bombay Stock Exchange (BSE) sensitive index (Sensex) closed above the 20000-mark on Monday as the markets are expecting some encouraging first quarter results from corporates in the coming days.
The BSE 30-share Sensex closed at 20034.48 with a gain of 76.01 points, with the realty sector gaining the most at 1.94 per cent followed by fast moving consumer goods, 1.19 per cent, and capital goods by 0.89 per cent. Except information technology and power, all other sectors ended in the positive territory. On the National Stock Exchange, the 50-share Nifty gained 21.80 points to close at 6030.80.
Meanwhile, the rupee closed lower at 59.89 a dollar compared to its previous close of 59.56.
However in the offshore non-deliverable forwards (NDF), the one-month contract was at Rs. 60.31 and three-month at Rs. 61.01.
The rupee hit its historical low of 61.21 (intra-day) on July 8.
Since then it rebounded as regulators announced measures to curb speculative trading in the foreign exchange market.