The BSE-30 share index, Sensex, which had lost over 500 points last week, was up by 205.10 points at 14,268.9.
LMCI will perform the role of a nodal body to help businesses in the luxury segment address the needs of consumers.
An Indian along with 23 people of Nepali and Pakistani origin have been arrested in a major operation in Britain.
An organisation working with Gujarat riots victims is suggesting that riot cases involving petty offences should be disposed of by mutual agreement.