Dollar closed at 65.1050 against its opening at 65.0000. Dollar ended up on buying by nationalised and foreign banks on behalf of oil importers amid likely FII outflows from local stocks and firm dollar. The greenback gained against its major peers after euro plunged sharply backed by upbeat US data amid concerns over US tax overhaul plan. The Euro dropped in early trades today after Chancellor Angela Merkel bid to form a new German government collapsed on Sunday night. Germany's centrist Free Democrats announced that they were pulling out of the talks with Angela Merkel's conservative bloc and the left wing Green party, raising the prospect of new elections. On data front, US home building jumped to a one-year high in October likely as disruptions caused by recent hurricanes in the South faded. 

Also, Indian shares opened flat after fall in Crude oil prices in Asia as traders were reluctant to take on big new positions ahead of an OPEC meeting amid weak global markets as investors are cautious about US tax reforms.

Sensex provisionally ends 17.10 points, or 0.05 percent, higher at 33,359.90 points with 15 components in green.

INTERNATIONAL


 

Asian shares fell  as investors took a cue from Wall Street last week and noted a light week ahead in the U.S. market with a major holiday on Thursday.
 

China has proposed a three-phase plan for resolving the Rohingya crisis, starting with a ceasefire in Myanmar’s Rakhine State so that refugees can return from Bangladesh, China’s Foreign Ministry said ahead of meeting of European and Asian officials in Myanmar

 

Euro hit a two-month low against the yen as German Chancellor Angela Merkel's efforts to form a three-way coalition government failed, stoking political uncertainty in the euro zone's largest economy.

 

Japan's export growth held steady in October, suggesting that brisk global demand for Japanese cars and electronics will likely carry its economic recovery into the current quarter.