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

Rupee rises 5 paise to close at 83.32 against US dollar – Market News

Rupee rises 5 paise to close at 83.32 against US dollar – Market News

The rupee appreciated 5 paise to close at 83.32 (provisional) against the US dollar on Wednesday, helped by a bullish trend in domestic equities and sustained foreign fund inflows. Forex traders said elevated American currency in the overseas markets and dollar buying by the Reserve Bank of India (RBI) capped sharp gains for the local … Read more