Dollar closed at 63.8650 against its opening of 63.8900.  Dollar ended flat on buying by oil importers amid firmness in the greenback. The Dollar turned mixed against its major currencies as traders shrugging off concerns about a potential government shut down. The dollar had dropped as a US government shutdown dented sentiment, although losses were limited for now as investors took a wait-and-see stance on developments in Washington. On Friday, the shut down came into effect at midnight post Democrats and Republicans, locked in a bitter dispute over immigration and border security, failed to agree on a last-minute deal to fund government operations. In order to break the impasse, Republican and Democratic leaders of the US Senate held talks on Sunday. The Senate was expected to vote on whether to advance a measure to fund the government through Feb 8. Local stocks opened flat on continued overseas fund buying amid subdued trading Asian shares following the US federal government shutdown hurt investor risk appetite.

BSE Sensex closed higher by 286.43 points at 35,798.01, while the Nifty 50 rose 71.50 points.

INTERNATIONAL

Asian markets were mixed as the markets took in stride a US government shutdown at the weekend that could end as early as Monday as the Senate moved to schedule a vote at noon to fund the government for three weeks and for time to pass complex legislation on immigration.
 

Gold prices rose slightly in Asia with the market awaiting word on a possible deal for a Senate vote to end the US government shutdown that has weighed on the dollar and raised interest in greenback-denominated commodities such as the yellow metal.
 

Japanese retail investors are pulling out of a popular bear market fund as a rally in the benchmark Nikkei index to 26-year highs prompts many market participants to ditch their contrarian strategies.

Oil prices climbed, pushed higher by comments from Saudi Arabia that cooperation between oil producers who are currently withholding supplies would continue beyond 2018.