The key Indian equity indices opened in the negative territory on Monday, tracking broadly negative cues in the global markets and also due to a weakening rupee.
Continuing its slide, the Indian rupee touched another fresh low of 72.35 on Monday, weakening by 62 paise from its previous close of 71.73 per US dollar.
Around 10.30 a.m., the rupee traded at 72.32 per greenback. It had opened at 72.18 per dollar.
At 9.35 am, the wider Nifty50 on the National Stock Exchange, traded at 11,546.65 points, lower by 42.45 points or 0.37 per cent from its previous close.
The S&P BSE Sensex, which had opened at 38,348.39 points, traded at 38,213.84 points, lower by 175.98 points or 0.46 per cent than the previous close of 38,389.82 points.
So far, it has touched an intra-day high of 38,354.52 points and a low of 38,242.37 points.