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Rupee Opens Little Changed At 69.76

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In the currency markets, the rupee today opened little changed amid election results euphoria at 69.76 per dollar versus previous close of 69.74.

Rupee Opens Little Changed At 69.76
 

On Sunday most of the pollsters predicted a second term for Modi led BJP government.

And the sentiment saw enormous euphoria in the stock markets with steep order gains both in the Nifty and Sensex. Sensex made the highest one-day in 10 years of 1400 points. The stock markets seem to have already discounted the Modi government coming back to power.

Bond markets also gained momentum and with it yields softened marginally.

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Read more about: rupee dollar dollar index crude oil
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