Key Stats

  • 7.13%
    10 Y benchmark as on 05 Apr, 2018

    Government bonds ended higher on 5th April as mood improved after RBI lowered inflation forecast for FY19. Fear of rate hikes subsided post policy statement. The yield on 10-year G-sec ended at 7.13% vs. close of 7.3% on 4th April.

  • 64.96
    USD vs. INR as on 05 Apr, 2018

    Indian Rupee ended stronger on 5th April as RBI lowered CPI inflation forecast to 4.7-5.1% in Apr-Sep in its policy statement. Higher local equities and rise in gilt prices boosted the sentiment. The Rupee ended at ~64.96 vs. close of 64.15 levels on 4th April.

  • 33,597
    Sensex as on 05 Apr, 2018

    Indian equities ended higher on 5th April, tracking global equity markets that recovered after fears of a US- China trade war eased. All sectoral indices ended in the green, with PSU Bank index rising by 5%. Metal was up by 4% while Nifty Bank, Realty and Financial Services indices rallied more than 2%. RBI kept the repo rate unchanged at 6% in the first Monetary Policy Committee meet of FY19 on 5th April. Also, RBI temporarily relaxed provisioning norms for lenders to defaulters undergoing bankruptcy resolution, in a move that could help banks bolster their financial results for the year and quarter ended March. Sensex and Nifty ended 1.75% and 1.94% higher respectively.

     

     

     

     

     

     

     

     

     

     

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