RUPEE: The Indian rupee fell to three-week low and was at 73.69/73.70 to the dollar against 73.58/73.59 in the previous session amid a pullback in regional equities and currencies due to an impasse over the much-awaited U.S. fiscal stimulus.
STOCKS: The benchmark BSE Sensex and the broader NSE index fell 0.12% and 0.20%, respectively, tracking the fall in Asian and U.S. indices amid uncertainty over a further U.S. fiscal. Financial stocks such as HDFC Bank and ICICI Bank were the top losers in India.
GOVERNMENT BONDS: The benchmark 5.77% bond maturing in 2030 was at 99.02 rupees, yielding 5.90%, against 98.95 rupees and 5.91% yield at the previous close ahead of the first-ever state debt purchase by the central bank.
INTEREST RATE SWAPS: The one-year swap rate was two basis points lower at 3.64% against 3.66% at the previous close, while the benchmark five-year swap rate was one basis point lower at 4.40%.
04 Dec 2020 04:48 PM
India's benchmark stock index retreated to close above 45,000 points for the first time ever as the RBI upgraded its GDP target for the current fiscal year and kept interest rates steady amid high inflation.
04 Dec 2020 03:57 PM
Indian rupee stayed higher tracking uptick in regional peers
04 Dec 2020 11:51 AM
Indian equities touched record highs after the RBI kept interest rates steady due to high inflation, and retained its accommodative monetary policy stance
04 Dec 2020 11:35 AM
Yuan rose to a fresh 2 1/2-year high against a weakening dollar, despite fresh signs of tension between the US and Chinese economy.
04 Dec 2020 11:01 AM
Gold prices strengthened and are on track for their first weekly gain in a month, as growing optimism over a U.S. fiscal stimulus deal pressured the dollar and boosted Gold appeal as an inflation hedge.
04 Dec 2020 10:44 AM
Indian rupee was trading at 73.73/73.74 compared to 73.90/ 73.91 in the previous session, as the Dollar Index continued to decline in anticipation of the U.S. monthly non-farm payrolls report.