Rupee opens 8 paise down at 63.61 against dollar
ETMarkets.com|
Jan 04, 2018, 09.36 AM IST
The rupee on Thursday opened 8 paise down at 63.61 against the US currency on fresh demand for dollar from importers and banks.
The local currency on Wednesday snapped its four-day rally and settled 5 paise down at 63.53 against the dollar.
Meanwhile, domestic equity markets opened in the green following global cues. The BSE Sensex opened 119.11 points, or 0.35 per cent, up at 33912.49, while NSE Nifty index opened 26.20 points, or 0.25 per cent, at 10,469.40.
Foreign portfolio investors (FPIs) bought shares worth a net Rs 96.31 crore on Wednesday, as per provisional data released by the stock exchanges.
Domestic institutional investors (DIIs) sold shares worth a net Rs 269.20 crore.
Government bonds rose for the first time in three sessions on January 3, amid value buying after the benchmark note hit a record low earlier in the day, even as traders awaited auction of the new 10-year paper later this week.
The GoI benchmark 6.79 per cent 2027 bond yield declined to 7.32 per cent from 7.39 per cent on January 2.
The local currency on Wednesday snapped its four-day rally and settled 5 paise down at 63.53 against the dollar.
Meanwhile, domestic equity markets opened in the green following global cues. The BSE Sensex opened 119.11 points, or 0.35 per cent, up at 33912.49, while NSE Nifty index opened 26.20 points, or 0.25 per cent, at 10,469.40.
Foreign portfolio investors (FPIs) bought shares worth a net Rs 96.31 crore on Wednesday, as per provisional data released by the stock exchanges.
Domestic institutional investors (DIIs) sold shares worth a net Rs 269.20 crore.
Government bonds rose for the first time in three sessions on January 3, amid value buying after the benchmark note hit a record low earlier in the day, even as traders awaited auction of the new 10-year paper later this week.
The GoI benchmark 6.79 per cent 2027 bond yield declined to 7.32 per cent from 7.39 per cent on January 2.
