The Indian rupee on Monday nosedived to all-time record low of 71.12 against the United States dollar.
Despite opening 19 paise higher at 70.80 per dollar earlier today, it witnessed a drop of 32 paise by the afternoon thereby crossing the 71 mark.
Meanwhile, BSE's Sensex rose by 103.61 points to 38,748.68, while Nifty traded marginally above 11,700 at 11,709.65.
The market indices today opened on a positive note, owing to gains recorded in the IT, pharmaceutical and automobiles sectors.
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