Stock market today: Rupee gains, bond yields drop after dovish US Federal Reserve

Stock market today: Rupee gains, bond yields drop after dovish US Federal Reserve

The Indian rupee surged against the US dollar while the 10-year government bond yields dropped on Thursday after a dovish US Federal Reserve outcome raised hopes of more interest rate cuts next year. The rupee opened 13 paise higher at 83.27 a dollar as compared to previous close of 83.40. The 7.18%, 2033 10-year G-Sec … Read more