Rupee Opens Flat At 70.1

Rupee opened flat in Tuesday's session at 70.1 versus its previous close of 71.11 per US dollar.

For the third day in a row, rupee weakened on surge in crude oil price as two of the crude production bases began to close down amid a military blockade.

Rupee Opens Flat At 70.1

One of the reports despite the current weakness suggest that the domestic unit may post strong performance this year.

In the bond market, yield on 10-year benchmark bonds stood at 6.63%.

Meanwhile, Indian benchmark indices are likely to open on a negative note after shedding yesterday's record gains on sound global cues.

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