Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Mar 03, 2021

Rupee And Bond Update - March 03, 2021: Reliance Securities

Rupee And Bond Update - March 03, 2021: Reliance Securities

Rupee And Bond Update - March 03, 2021: Reliance Securities
The portrait of Mahatma Gandhi is displayed on an Indian 50 rupee, left, and 2000 rupee banknotes. (Photographer: Brent Lewin/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Reliance Securities Report

The Indian rupee appreciated for the first time in four sessions against the U.S. currency, supported by local equities amid improved risk appetite.

The rupee ended at 73.36 to the dollar against 73.54 in the previous session.

The local currency had risen to an intraday low of 73.48 earlier in the session, on importers' dollar demand.

Asian currencies were weaker against the U.S. dollar this Tuesday, tracking the strength of the Greenback and capped appreciation bias.

The benchmark 5.85% bond maturing in 2030 ended at Rs 97.20, yielding 6.24%, against Rs 97.39, yielding 6.21% at previous close.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com