The market has opened on a strong note. The Sensex is up 244.63 points or 0.9 percent at 28776.74, and the Nifty up 64.30 points or 0.7 percent at 8873.95.About 730 shares have advanced, 208 shares declined, and 57 shares are unchanged.
Tata Motors, Maruti, Axis Bank, Infosys and HDFC are top gainers while Bharti, Wipro and Bajaj Auto.
The Indian rupee started off trade at four-month high after fall in US dollar due to weaker-than-expected jobs data. The currency has opened at 66.53 a dollar, up 29 paise compared with Friday’s closing value of 66.82 a dollar.