Markets start on a strong note

Stock market indices started off the week on a strong note. They rallied for the third consecutive session following a sharp decline in crude oil prices and recovery in rupee.

The BSE Sensex rose 240.61 points to 35,165.48 while the Nifty failed to hold 10,700 levels, gaining 83.50 points at 10,688.70.

The rupee gained 34 paise to end at 67.42 against the US dollar against Friday's close of 67.77. It gained more than a percent from its 18-month low of 68.42 a dollar hit last week.

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