The rupee on Monday opened 11 paise up at 64.34 towards buck due to selling of yank foreign money by using banks and exporters amid sustained inflows by way of overseas institutional traders.
in the meantime, domestic equity markets opened in green following firm global cues. The BSE Sensex opened 32 points, or 0.10 per cent, up at 32,053, while NSE Nifty index opened 21.80 factors, or 0.22 per cent, up at 9,908.
foreign investors have poured virtually Rs 11,000 crore in the capital markets within the first two weeks of July, supported by way of the difficulty-free rollout of GST and stimulating Indian financial system.
the most recent inflow comes following a web infusion of over Rs 1.62 lakh crore in the previous 5 months (February-June) on a number of factors.
For the week ended July 14, government bond yields posted their largest weekly fall in 5 weeks, as retail inflation eased to a report low in June, growing expectations of a rate cut within the upcoming financial policy assessment assembly.
The GoI benchmark 6.79% 2027 bond yield remained regular at 6.46 per cent on Friday.
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