The Indian rupee opened higher against the US dollar on Tuesday due to weakening of the greenback against major currencies. The local unit opened 3 paise higher at 69.32/$.
Currently, the local unit is up 13 paise at 69.26/$. The 10-year government bond yield was at 6.836% vs. Monday's close of 6.85%.
Investors await US-China trade talks at the G20 meeting later this week. Rising geopolitical tensions between the US and Iran has also made investors cautious.
On Monday, the rupee settled 23 paise higher at 69.35 to the US dollar amid a weakening of the greenback against major currencies.
Meanwhile, equity benchmark indices were trading in the positive zone with the Sensex up 10 points at 39,129 levels. The Nifty is slightly up 4 points at 11,704 levels.
Further, crude oil prices were firm, supported by worries over the conflict between Iran and the US but pressured by concerns about a potential decline in demand for crude.
Get more details here:
Intraday stock tips, Financial Advisory Company, Derivative Free Trial, Stock tips
Call on:9977499927
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
Intraday stock tips, Financial Advisory Company, Derivative Free Trial, Stock tips
Call on:9977499927
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
It is a really Very good blog! thank you for sharing this good post with us.
ReplyDeleteWebsite Development Company in India
I really thank you for the valuable info on this great subject and look forward to more great posts. Thanks a lot for enjoying this beauty article with me. I am appreciating it very much! Looking forward to another great article. Good luck to the author! All the best! free forex signals
ReplyDeleteThanks for your valuable information. stock investor is a stock related website which provides day to day information of the stock market.
ReplyDeleteTinplate Company of India Ltd
ABB India Ltd