RUPEE: The Indian rupee hit the highest level in five weeks and was at 75.23/75.24 to the dollar against 75.3625/75.3725 in the previous session, boosted by a decline in the dollar index and upbeat local shares.
STOCKS: The benchmark BSE Sensex and the broader NSE index were trading 1.1% and 1.2% higher, respectively, tracking gains in the U.S. as well as Asian indices, as investors remain optimistic with regards to reopening steps and support from central banks will help economies across the world rebound. Financials such as HDFC Bank and ICICI Bank led the gains in local indices.
GOVERNMENT BONDS: The benchmark 6.45% bond maturing in 2029 was at 103.10 rupees, yielding 6.01%, against 103.19 rupees and 6.00% yield at the previous close, as traders await fresh triggers after yesterday’s fall in yields.
INTEREST RATE SWAPS: The one-year and the benchmark five-year swap rates have yet to trade today. They yesterday closed at 3.78% and 4.27%, respectively.
10 Jul 2020 04:28 PM
Indian shares closed lower on Friday as record daily increases of domestic coronavirus cases threatened to disrupt an economic recovery, with financial stocks taking the brunt of the losses.
10 Jul 2020 02:34 PM
The Indian rupee logged its worst week against the dollar in 14 weeks
10 Jul 2020 02:07 PM
Sterling traded slightly lower versus the U.S. dollar and was unmoved against the euro on Friday
10 Jul 2020 11:51 AM
Indian shares fell on Friday as a relentless surge in domestic coronavirus cases threatened to disrupt an economic recovery, although gains in pharmaceuticals and heavyweight Reliance Industries helped limit losses.
10 Jul 2020 11:15 AM
The yuan pulled back from a four-month high against the dollar on Friday as China's stock market rally ran out of steam
10 Jul 2020 10:49 AM
Gold was set for a fifth straight weekly gain on Friday as worries over a spike in U.S. coronavirus cases kept the safe-haven metal near the technical $1,800-per-ounce threshold.