The rupee is Asia's worst performing currency this year.
The 7.17 per cent 10-year benchmark bond maturing in 2028 gained to Rs 94.15 from Rs 93.74.
The 7.17 per cent 10-year benchmark bond maturing in 2028 slipped to Rs 93.74 from Rs 94.00.
Cutting the tax on masala bonds will make it cheaper for issuers to raise funds via this route.
|Security Name||LTP||Change / % Change||Volume||Coupon % / Current Yield (Int. Freq.)|
|NHAIN1||1051.69||-1.15 / -0.1000||7,187||8.20 / 7.80 (Annual)|
|IIHFLN2||1069.81||3.04 / 0.2800||4,604||12.00 / 11.22 (Monthly)|
|IFCINH||1081.00||0.00 / 0.0000||3,401||9.90 / 9.16 (Annual)|
|IIFLFINNA||1006.97||-2.03 / -0.2000||2,516||12.00 / 11.92 (Monthly)|
|IRFCNB||1106.01||-23.99 / -2.1230||2,500||8.19 / 7.40 (Annual)|
The interest would be exempt on rupee denominated bond issued outside India during the period from September 17, 2018, to March 31, 2019, the Finance Ministry said in a statement.
The 7.17 per cent 10-year benchmark bond maturing in 2028 went-up to Rs 94.00 from Rs 93.82.
The maximum TER for open-ended equity schemes will be 2.25 per cent.
Goldman Sachs India held over 1 per cent stake in the company as of June 2018.
The MPC needs to stay put while being watchful of external circumstances.
Jefferies referred to BoB as the base, Vijaya Bank the kicker and Dena Bank as ‘bad bank’.
The global market for Vitamin D may hit $2.5 billion by 2020 growing at a CAGR of 11 per cent.
The news of merger of three PSU banks it triggered selling in several other banking stocks.
Morgan Stanley has upped its target price for the Sensex to 42,000 for September 2019.
Kudva has a very basic stock-picking strategy: look for quality businesses that are scalable.
“Today’s weekly close could guide further movement in the benchmark 10-year yield.”
The RBI announced an OMO purchase of Rs 10,000 crore last Friday.
The rupee may now head north amidst an expected bout of overseas fund flows triggered by these policy changes.
The 7.17 per cent government security maturing in 2028 went-up to Rs 93.8200 from Rs 93.7700.
At 8.19%, benchmark yields climbed to their highest since November 2014 amid concerns that the global trade war involving the US and its biggest commercial partners would escalate
The 7.17 per cent 10-year benchmark bond maturing in 2028 weakened to Rs 93.47 from Rs 93.62.
Global funds sold $686.4 million of rupee-denominated debt in the week ended Sept. 7.
RBI has been selling dollars leading to a drop in India’s forex reserves.
The 7.17 per cent 10-year benchmark bond maturing in 2028 declined to Rs 93.62 from Rs 94.41.
The 10-year paper ended at 8.03 percent on Friday and the rupee at 71.73 to the dollar.
The size of this week's OMO buyback could be Rs 10,000 crore, a source said.