Rupee And Bond Update - May 04, 2021: Reliance Securities
An Indian two thousand rupee banknote is arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Rupee And Bond Update - May 04, 2021: Reliance Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Reliance Securities Report

The Indian rupee appreciated against the U.S. currency on Monday, as exporters' dollar sales as well as inflows outweighed the impact of weak Asian cues.

The rupee ended at 73.92 compared with 74.06 in the previous session.

The benchmark S&P BSE Sensex fell 0.13%, while the broader Nifty 50 index was little changed on Monday.

The benchmark 5.85% bond maturing in 2030 ended higher at Rs 98.91, yielding 6.00%, against Rs 98.70 and 6.03% yield at the previous close.

Click on the attachment to read the full report:

Reliance Securities Currency Update - May 04 2021.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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