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Reliance Securities Report
The Indian rupee appreciated against the U.S dollar on Friday supported by hopes of additional fiscal stimulus in a Democrat-controlled U.S. government.
The rupee ended at 73.24 compared with 73.33 in the previous session.
The local unit had weakened to 73.46 earlier on Friday probably on the back of importers' greenback bids, firm oil prices and an uptick in the dollar index, but recouped losses on the back of strong local equities.
The benchmark 5.77% bond maturing in 2030 ended unchanged at 99.10 rupees, yielding 5.89%.
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