The market has opened flat as the Sensex is up 36.78 points or 0.1 percent at 26386.95. The Nifty is up 4.65 points or at 8131.55.
Tata Steel, Adani Ports, Coal India, Sun Pharma and BHEL are top gainers while Hero MotoCorp, Infosys, Lupin, NTPC and Asian Paints are losers in the Sensex.
The Indian rupee opened higher by 3 paise at 68.73 per dollar versus previous close 68.76. The dollar edged down against a basket of major currencies on Monday, surrendering some gains after a sharp rally that followed Donald Trump's surprise victory in the US Presidential election.
The dollar had surged more than 4 percent against a basket of currencies in the wake of the election earlier this month - but has now retreated from its 14-year high. Asia markets were mixed, taking cues from the US where a post-election rally appeared to stumble.
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