Rupee opens 5 paise up at 64.40 against dollar
ETMarkets.com|
Updated: Dec 11, 2017, 09.47 AM IST
The rupee on Monday opened 5 paise higher at 64.40 against the dollar on account of selling of American currency by banks and exporters.
The local currency on Friday rebounded 12 paise to end at 64.45 against the dollar.
Meanwhile, benchmarket equity indices opened in the green following global cues. The BSE Sensex opened 67.42 points, or 0.20 per cent, up at 33,317.72, while NSE Nifty index opened 44.85 points, or 0.44 per cent, up at 10,310.50.
Foreign portfolio investors stood net sellers in secondary markets on Friday and sold shares worth Rs 1,011.39 crore with gross purchases and gross sales stood at Rs 4,503.01 crore and Rs 5,514.40 crore, respectively.
Government bonds fell for a second consecutive week for the week ended December 8, as the market remained cautious after the Monetary Policy Committee held interest rates while maintaining a neutral stance and reiterating inflation risks.
The GoI benchmark 6.79% 2027 bond yield gained 3 basis points to 7.09 per cent from 7.06 per cent in the previous session.
The local currency on Friday rebounded 12 paise to end at 64.45 against the dollar.
Meanwhile, benchmarket equity indices opened in the green following global cues. The BSE Sensex opened 67.42 points, or 0.20 per cent, up at 33,317.72, while NSE Nifty index opened 44.85 points, or 0.44 per cent, up at 10,310.50.
Foreign portfolio investors stood net sellers in secondary markets on Friday and sold shares worth Rs 1,011.39 crore with gross purchases and gross sales stood at Rs 4,503.01 crore and Rs 5,514.40 crore, respectively.
Government bonds fell for a second consecutive week for the week ended December 8, as the market remained cautious after the Monetary Policy Committee held interest rates while maintaining a neutral stance and reiterating inflation risks.
The GoI benchmark 6.79% 2027 bond yield gained 3 basis points to 7.09 per cent from 7.06 per cent in the previous session.
