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 depreciated for a third straight day against the dollar as crude oil prices surged to their highest levels in 10 years, heightening worries about domestic inflation and wider trade deficits.
The rupee ended at 75.91, the weakest since December 17, against 75.70 close in the previous session.
Rumours of Reserve Bank of India's presence capped further depreciation this Thursday.
Indian government bond yields settled higher for the third straight session weighed down by the continuous rally in crude oil prices.
The benchmark 6.54% bond ended at 6.83%, its highest since February 4, against 6.81% close in the previous session.
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