RUPEE: Indian rupee was trading higher at 73.81/73.82 compared to 73.92/73.93 in the previous session, amid Dollar selling by three large foreign banks to capture the spike in near-term forward premiums.
STOCKS: The benchmark BSE Sensex rose 0.07% and the NSE index was up 0.09% amid mixed Asian peers and focus on US inflation and growth. ICICI Bank and Kotak Mahindra Bank were among the top gainers and Reliance industries was the top loser.
GOVERNMENT BONDS: The benchmark 5.85% bond maturing in 2030 was trading lower at 98.89 rupees, yielding 6.00%, compared to 98.91 rupees and 6.00% yield at the previous close, as traders locked in gains and anticipated the state debt sale.
INTEREST RATE SWAP: The one-year swap rate was trading 1 basis points lower at 3.72% compared to 3.73% at previous close, while the benchmark five-year swap rate fell 2 basis points at 5.14% compared to 5.16% earlier.
12 May 2021 08:40 AM
The Indian rupee is likely to depreciate against the dollar on broad dollar strength amid more inflation-related losses for regional equities.
12 May 2021 07:45 AM
A brief synopsis of markets to fresh start your day
11 May 2021 06:13 PM
Key factors to keep in mind before the US markets open
11 May 2021 03:56 PM
Indian benchmark equity indices snapped four-day gaining streak to end lower Tuesday dragged by selling in metals, pharma and IT stocks.
11 May 2021 03:49 PM
Find out how Indian rupee ended the day
11 May 2021 02:47 PM
Check out how European markets are reacting today