Asian stocks climbed on Monday, with Japan's Nikkei 225 Stock Average poised for its biggest annual gain since 1972, as the yen touched a five-year low versus the dollar. Key benchmark indices in China, Hong Kong, Indonesia, Japan, Taiwan, South Korea and Singapore were up 0.01% to 0.92%.
The market opens on a higher note as Nifty holds 6300. The Nifty is up 22.60 points at 6336.40.
Sensex is up 100.55 points at 21294.13.About 352 shares have advanced, 59 shares declined, and 23 shares are unchanged. Banking stocks are leading the indices. HDFC twins, ICICI Bank , SBI and Axis Bank are top gainers in the financial space. Sesa Sterlite, Tata Motors and Hindalco are other lead gainers in the Sensex.
The Indian rupee opened lower by 10 paise at 61.95 per dollar versus 61.85 Friday. The range for the day is seen between 61.40-62.08/USD