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EXP: Rupee down after 6-day gains on Asian stocks
 
The rupee weakened in early trade on Monday, after posting its biggest weekly gain in 13 years, as lower Asian stocks weighed on sentiment with dollar gains against majors overseas adding to the pressure.
* The rupee rose 4.9 percent last week after the Congress-led coalition's resounding election win raised expectations for economic reforms and greater foreign investment.
* At 9:09 a.m. the partially convertible rupee was at 47.35/42 per dollar, weaker than its Friday's close of 47.11/12, when it rose as far as 46.90, its highest since Dec. 19.
* The dollar index, a gauge of the U.S. unit's performance against majors, was up 0.2 percent.
* Most Asian stock indices were in the red at 0334 GMT. The Hang Seng was 0.8 percent lower, the Kospi was down 2.3 percent and the Shanghai Composite index lost 1.2 percent.
Source