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Rupee Opens With Gains At 74.64 Per US Dollar
Rupee in Thursday's trade (July 23, 2020) opens at 74.64 per US dollar versus previous day's close of 74.76 per US dollar. At one hand, dollar index is at over 4-week low, but sentiments around Covid 19 vaccine that it shall not be available as early as 2021 will also have a negative impact on the rupee.
Yield on 10-year benchmark government bonds stood at 5.814%.
Meanwhile, despite subdued markets on escalating US-China tensions, the Indian indices are trading with marginal gains, with Nifty over 11170 points and Sensex at a tad below 38000 points.
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