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The Indian rupee advanced in the early trade on Monday. It has opened higher by 24 paise at 61.20 per dollar against 61.44 Friday.

- GLOBAL MARKETS ROUNDUP
Asian stocks started the week on a brighter note on Monday, after solid U.S. data and earnings calmed tumult in global financial markets and reassured investors worried about the health of the world economy.

LOCAL MARKETS PREVIOUS CLOSE
BSE index 26,108.53 (up 0.42 pct)
NSE index 7779.70 (up 0.41 pct)
Rupee 61.44/45 per dlr (61.8350/8450)
10-year bond yield 8.39 pct (8.37 pct)
5-year OIS rate 7.54 pct (7.51 pct)
1-year OIS rate 8.21 pct (8.17 pct)
Call money 7.10/7.15 pct (6.85/6.90 pct)

The benchmark BSE Sensex spurted by over 392 points in opening trade on Monday on a rally by oil & gas and PSU stocks after the government on Saturday deregulated diesel prices and BJP stormed to power in Haryana and is all set to form government in Maharashtra.

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