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Nov 3, 2017, 11.16 PM IST

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Rupee opens 4 paise up at 64.57 against dollar

ETMarkets.com|
Updated: Nov 03, 2017, 09.23 AM IST
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Government bonds rose on Thursday, as investors bought notes at record low prices.
Government bonds rose on Thursday, as investors bought notes at record low prices.
The rupee on Friday opened 4 paise up at 64.57 against dollar on account of selling of American currency by banks and corporates.

The local currency on Thursday settled marginally lower by 2 paise at 64.61 against the American currency.

Foreign portfolio investors stood net buyers in domestic equity markets on Thursday and bought shares worth Rs 1,046.75 crore with gross purchases and gross sales at Rs 6,128.05 crore and Rs 5,081.30 crore, respectively.

Meanwhile, domestic equity markets opened in green following global cues. The BSE Sensex opened 94 points, or 0.28 per cent, up at 33,667.34, while the NSE Nifty opened 33.75 points, or 0.36 per cent, up at 10,461.55.

Government bonds rose on Thursday, as investors bought notes at record low prices, even as they awaited the possible announcement of the next Federal Reserve’s Chair.

The GoI benchmark 6.79% 2027 bond yield declined to 6.86 per cent on Thursday from 6.89 per cent in the previous session.
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