The rupee opened sharply higher on Monday morning helped by losses in the dollar against major currencies, with gains in shares also helping sentiment.* At 9:09 a.m. the partially convertible rupee was at 45.05/06 per dollar, stronger than 45.48/49 at close on Friday. Last week, it fell 2.5 percent, its worst performance since the week of March 1, 2009, when it had dropped 3 percent, a couple of days before hitting its record low of 52.2.* The BSE Sensex rose 1.2 percent in early trade on Monday, with Reliance Industries and ICICI Bank leading the gains, as Asian stocks rose on a massive stabilisation plan for the euro zone to keep Greece's fiscal woes from spreading.* The euro trimmed earlier gains after the European Union's monetary affairs commissioner, Olli Rehn, said the European Central Bank had taken a decision to intervene in the secondary market of government securities.* Most Asian currencies jumped against the dollar. The index of the dollar against six major currencies was down 0.95 percent.(Reporting by Swati Bhat; Editing by Harish Nambiar)(For more business news on Reuters Money visit http://www.reutersmoney.in)News posted by www.newsinfoline.com
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