Rupee opens 5 paise higher at 67.80 against dollar
The rupee opened 5 paise higher at 67.80 against dollar on account of buying of American currency by bank and importers amid sustained inflows by foreign institutional investors.
Meanwhile, domestic equity markets opened higher on Monday following firm Asian markets. The BSE Sensex opened 117.23 points, or 0.40 per cent, up at 29737.73, while the NSE Nifty index opened 46.85 points, or 0.51 per cent, up at 9220.60.
Foreign institutional investors pumped in Rs 30,906 crore and Rs 25,355 crore, respectively, in the equities and debt market, according to the data available with depository NSDL.
The local currency on Friday closed 7 paise higher at a fresh 17-month high of 64.85 against dollar.
For the financial year ended March 31, 2017, government bond yields fell for a third straight year, as huge liquidity in the banking system and foreign funds chasing higher yield supported domestic debt.
The benchmark 6.97% 2026 bond yield fell to 6.68 per cent from 6.70 per cent in the previous session.
Meanwhile, domestic equity markets opened higher on Monday following firm Asian markets. The BSE Sensex opened 117.23 points, or 0.40 per cent, up at 29737.73, while the NSE Nifty index opened 46.85 points, or 0.51 per cent, up at 9220.60.
Foreign institutional investors pumped in Rs 30,906 crore and Rs 25,355 crore, respectively, in the equities and debt market, according to the data available with depository NSDL.
The local currency on Friday closed 7 paise higher at a fresh 17-month high of 64.85 against dollar.
For the financial year ended March 31, 2017, government bond yields fell for a third straight year, as huge liquidity in the banking system and foreign funds chasing higher yield supported domestic debt.
The benchmark 6.97% 2026 bond yield fell to 6.68 per cent from 6.70 per cent in the previous session.
