Indian equity benchmarks opened higher even as the rupee hit an all-time low of Rs 69.12 against the U.S. dollar. The S&P BSE Sensex gained as much as percent to 0.4 percent to 36,553.94 and the NSE Nifty 50 Index rose 0.5 percent to 11,010.6 as of 10.26 a.m.
The market breadth was tilted in favour of buyers. Nine of the 11 sectoral gauges compiled by the National Stock Exchange advanced, led by a 1.73 percent gain in the NSE Nifty IT Index. The NSE Nifty Metal Index was the biggest loser, down 0.60 percent.