India, April 22 -- The Indian stock market opened notably lower on Monday, weighed down by a weak rupee and rising crude oil prices. A sell-off at the Reliance Industries counter contributed as well to the sharp decline of the key indices in early trades.
The BSE benchmark Sensex is down 257.74 points or 0.66%, at 38,882.54, after falling to a low of 38,828.77.
The National Stock Exchange's Nifty50 is down 89.45 points, or 0.76%, at 11,663.35, off a low of 11,646.15.
The market, which was closed on Friday for Good Friday, ended weak on Thursday, snapping a four-day winning streak. The Sensex lost about 0.34% and the Nifty ended lower by 0.29%, at 39,140.28 and 11,752.80, respectively.
The rupee, which recovered smartly on Thursday after...