Rupee And Bond Update – May 05, 2021: Reliance Securities

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Reliance Securities Report

The Indian rupee appreciated for the second successive session against the U.S. dollar this Tuesday as traders trimmed their dollar long positions.

However, a rebound in the dollar index and losses in local equities appreciation bias of the local unit.

The rupee ended at 73.85 compared with 73.92 in the previous session.

The benchmark S&P BSE Sensex and the broader Nifty 50 index ended 0.95% and 0.94% lower, respectively on Tuesday.

The benchmark 5.85% bond maturing in 2030 ended at Rs 98.81, yielding 6.01%, against Rs 98.91 and 6.00% yield at the previous close.

Click on the attachment to read the full report:

Reliance Securities Currency Update – May 05 2021.pdf


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