Forex dealers said dollar's gain against other major currencies and a weak opening on the stock markets weighed on the Indian currency's sentiment - falling 12 paise in morning.

Indian markets were trading marginally higher Friday, with the Sensex up 20.24 points, or 0.10 per cent, at 20,280.82. The BSE 30-share index opened at 20,334.14.

Forex dealers said weaker Asian currencies against the US dollar and demand for the greenback from importers weighed down the Indian currency's sentiment.

The public offer generated a total demand for shares worth Rs 2.34 lakh crore, the most in the history of India's primary market. In all, the issue was oversubscribed 15 times.

Indian stocks were trading lower on Monday, in line with the weakness in Asian markets. All the sector indices were in the red, with automobile and FMCG being weighed down the most.

Forex dealers said weaker Asian currencies against the US currency and weak opening on the bourses put pressure on the Indian currency sentiment.

Mahindra Satyam moved higher after the company signed a contract with the Commonwealth of Kentucky for design and delivery of a document-management system for a child-support system.

10.06 am: Surya Pharmaceutical Ltd has successfully closed the subscription list of issue of GDR of $25 million. The issue was fully subscribed. On NSE, the company's shares were up 1.07  per cent at Rs 273.60.

The 30-share BSE benchmark jumped 484 points - the highest in last six months - on sustained capital flows amid firm global cues.

The barometer closed at 20,001.55, up 95.45 points - its best since January 15, 2008, when the index ended at 20,251.09 points.

Analysts said a slightly higher than expected rise in the policy ratesby RBI and weak global cues halted the rally on Dalal Street.

Renewed buying by foreign funds, strong auto sales, impressive 8.8 per cent GDP growth and smart growth in Australia's economy in Q2 helped the Sensex post impressive gains.

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