RUPEE: Indian rupee was trading lower at 73.46/73.47 compared to 73.34/73.35 in the previous session, tracking weak Asian markets on concerns over US inflation prompting the Fed to hike interest rates sooner than expected.
STOCKS: The BSE Sensex fell 0.89% and the NSE index was 0.85% lower tracking Asian peers ahead of US inflation data. HDFC, ICICI Bank and Reliance Industries were among the top losers.
GOVERNMENT BONDS: The benchmark 5.85% bond maturing in 2030 was trading higher at 98.89 rupees, yielding 6.00%, compared to 98.86 rupees and 6.01% yield at the previous close, as traders anticipated April retail inflation data due out India today.
INTEREST RATE SWAP: The one-year swap rate was 1 basis point lower at 3.72% compared to 3.73% at the previous close, while the benchmark five-year swap rate fell 2 basis points at 5.03% compared to 5.05% earlier.
25 Jun 2021 01:06 PM
GBP/USD traded slightly higher around 1.3900 levels amid a weak Dollar.
25 Jun 2021 12:02 PM
Indian equities trade flat today, as gains in financial stocks were offset by a fall in Reliance Industries, although the indexes were set to rise about 0.6% each for the week.
25 Jun 2021 11:40 AM
China's yuan strengthened slightly against the U.S dollar after a stronger fixing by PBOC, but analysts expected renewed pressure on the Chinese currency if data later shows U.S. inflation rose further.
25 Jun 2021 11:12 AM
Gold advanced today and was set for its first weekly rise in four as the U.S. currency weakened, with market participants focusing U.S. inflation data after mixed signals from Fed officials on interest rate hikes.
25 Jun 2021 10:36 AM
Check how the Indian markets started their day
25 Jun 2021 09:09 AM
The Indian rupee is expected to appreciate against the U.S. currency following a rise in Asian currencies and equities on upbeat economic outlook.