Stock-Commodity-Currency Watch: The domestic currency, rupee, opened lower against Greenback on Thursday, as investors turned turned their attention to the RBI monetary policy announcement to be at Mid-noon hours today.

During Thursday morning, the rupee was trading at 69.42/USD, down 13ps from its Tuesday’s close of 69.26. The rupee opened at 69.37 and touched a high of 69.37 and a low of 69.43 a dollar.

The Monetary Policy Committee (MPC) of the RBI is reportedly expected to slash repo rate for the 3rd time in a row, bringing it to 5.75pc from 6pc presently.

In the commodity markets, Crude oil prices floated around their lowest levels since the start of this year as markets remain under stress from rising US supply amid an economic slowdown. Brent crude futures of front-month were at USD60.50,i,e 0.2%, lower last session’s close.

In debt markets, the yields on the ten-year govt bonds were down 7.01pc from its previous close of 7.02pc.

Meanwhile, Indian share market indices -Sensex, Nifty- were trading with moderate losses during morning start as trading resumed after a local holiday. At 9.50am, the BSE barometer BSE Sensex was down 90pts at 39993-level. The NSE Nifty50 frontline index was down 43points at 11,978-levels. Further stock movements will be updated.

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