India Rupee, Stocks, Bonds, Swaps (27-Jul)

India Rupee, Stocks, Bonds, Swaps (27-Jul)

27 Jul 2020 10:32 AM

RUPEE: The Indian rupee was at 74.70/74.71 to a dollar versus 74.83/74.84 in the previous session as upbeat global risk appetite sent the dollar index to its lowest level in nearly two years.

STOCKS: The benchmark BSE Sensex and the broader NSE Index fell 0.80% and 0.76%, respectively, on profit booking even as Asian shares were trading mixed. HDFC Bank led the losses after Managing Director Aditya Puri sold his stake in the lender last week. ICICI Bank also contributed to losses.

GOVERNMENT BONDS: The benchmark 5.79% bond maturing in 2030 was at 99.80 rupees, yielding 5.82%, against 99.79 rupees, yielding 5.82%, at the previous close, as traders awaited fresh triggers and the monetary policy decision next week.

INTEREST RATE SWAPS: The one-year swap rate was at 3.68% against 3.72% at previous close, while the benchmark five-year swap rate was at 4.20% against 4.23% at previous close.