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This Article is From Jan 15, 2021

Rupee And Bond Update - January 15, 2021: Reliance Securities

Rupee And Bond Update - January 15, 2021: Reliance Securities
Indian two thousand and five hundred rupee banknotes are arranged for a photograph in Mumbai, India (Photographer: Dhiraj Singh/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 against the U.S. currency for the third session in a row this Thursday supported by persistent dollar inflows into local equities.

The rupee ended at 73.04, compared with 73.15 in the previous session. The intraday high for the session is 72.94.

On the international side of things the U.S. dollar Index was marginally lower this Thursday afternoon session.

The benchmark 5.77% bond maturing in 2030 ended at 98.87 rupees, yielding 5.93%, against 98.71 rupees and 5.95% yield 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.

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