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Rupee Opens Higher

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Rupee in Monday's trade opened with gains of 11 at 69.41 versus the previous close of 69.52 against the greenback.

The yield on 10-year bonds is seen trading at 7.221%. After the huge NDA victory, bond markets have also gained favour and amid it with the scaling of bond prices, bond yields have gone lower.

Rupee Opens Higher
 

Meanwhile, stock indices opened on a flattish note, Nifty is hovering below 11,850.

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