RUPEE: Indian rupee was trading stronger at 74.3490/74.3530 compared to 73.55/73.56 in the previous session, supported by exporters’ dollar sales following the pair’s worst performance in almost 1-1/2 years.
STOCKS: The BSE Sensex rose 0.82% and the NSE index was up 0.84% tracking upbeat regional equities and US index futures after the Fed increased hopes of a stronger economic recovery in the US. HDFC, Tata Consultancy Services and Infosys were among the top gainers.
GOVERNMENT BONDS: The benchmark 5.85% bond maturing in 2030 was trading higher at 98.50 rupees, yielding 6.06%, compared to 98.32 rupees and 6.08% yield in the previous session amid upbeat sentiment following RBI’s bond purchase announcement.
INTEREST RATE SWAP: The one-year swap rate fell 3 basis points at 3.81% compared to 3.84% in the previous session, while the benchmark five-year swap rate was down 2 basis points to 5.18% compared to 5.20% at previous close.
13 Apr 2021 11:00 AM
The dollar rose from near a three-week low against major rivals on Tuesday, buoyed by a bump in Treasury yields, as traders awaited highly anticipated U.S. inflation data later in the day.
13 Apr 2021 10:30 AM
Gold was unchanged today as investors kept to the side lines ahead of U.S. inflation data that is projected to shed more light on recovery in the world's largest economy.
13 Apr 2021 07:40 AM
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12 Apr 2021 06:35 PM
U.S. stock futures slipped today, signaling a muted opening for major indexes that stand at record highs ahead of a busy week of corporate earnings and economic data.
12 Apr 2021 04:31 PM
Indian equities fell the most in over a month as a rapid surging second wave of the coronavirus across the country acted as the key deterrent to market sentiment.
12 Apr 2021 04:21 PM
The Indian rupee dropped for the sixth consecutive session against the dollar, as a surge in coronavirus cases intensified fears of a delay in economic recovery.