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 ended with marginal gains against the U.S. currency on Wednesday tracking the weakness of the dollar index and foreign fund inflows.
The rupee ended at 73.57 to the dollar compared with 73.64 in the previous session.
The dollar Index was down 0.32% at 90.18 this Wednesday afternoon trade in Asia lingering near its lowest level in over two years.
Meanwhile, risk appetite improved in the market amid report of progress on reaching a deal on the coronavirus relief bill in the U.S. House of Representatives.
The benchmark 5.77% bond maturing in 2030 ended at 98.73 rupees, yielding 5.94%, against 98.75 rupees, yielding 5.94%, at previous close.
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