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SBI Card Launches 3 New Variants of Its Travel Credit Card ‘SBI Card MILES’ -
25% Dividend Record Date: Logistic Stock Nears 1-Year High And It Belongs To Mahindra; Motilal Neutral -
1:10 Split, 26 Dividends: Tata's 26-Year-Old Retail Stock In Focus, Q4, Dividend Ahead; Buy For Target Rs 4200 -
1:5 Split Soon: Rs 2,300 Defence Stock To Split Into Five Shares, Rs 400 Cr Fundraising Too; Hits 52-Week High -
Penny Stock Bags Back-To-Back Orders Worth Rs 500 Mn, 110 Mn; Shares Hit Upper Circuit
Rupee Opens Steady At 74.84 Per US Dollar
Rupee in Friday's trade (August 14, 2020) opened unchanged at 74.847 versus previous day's close of 74.85 per US dollar.
The yield on 10-year benchmark bond came in higher 5.931% as compared to Thursday's close of 5.866% after retail inflation data for July.
CPI inflation for July month came in well above the RBI's comfort level at 6.93 percent on continuously surging food prices, negating hopes of a further rate cut.
Oil prices in today's session gained and are on course for a second week of gains as fuel demand is seen to pick up despite the pandemic. Brent crude was up 14 cents, or 0.3%, at $45.10 by 0043 GMT. West Texas Intermediate gained 12 cents, or 0.3%, to $42.36.
Meanwhile, Indian indices tracking mixed global cues are trading higher, with Nifty at 11332.
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