India Markets close in 13 mins

Rupee Opens Lower At 71.95

Roshni Agarwal

Rupee resumed session at 71.95, 11 paise lower versus previous day's close of 71.84 per dollar.

On Monday, mixed trend in other Asian currencies, pulled rupee downward to close at 71.84 as investors awaited cues on US-China trade deal.

Oil prices declined for the second consecutive day as there was only limited progress in US-China deal

that was further eased on account of increase in US inventories.

In the bond market, yield on 10-year benchmark bonds stood at 6.484%.

Meanwhile, trend in the SGX Nifty indicate a negative opening for the Indian indices which snapped previous rally on Monday.

Also Read:

Rupee Trades Tad Higher At 71.32

Rupee Trades Firm At 71.65; Market Awaits GDP Data

Rupee Trades Tad Higher