NEW DELHI: The rupee on Monday opened 13 paise higher at 65.28 against dollar on account of selling of American currency by banks and exporters.Meanwhile, domestic equity markets opened in red following mixed global cues. Dollar index may continue to remain under pressure as it has surrendered sacrosanct mark of 100 and continuously trading below this. The benchmark 6.97% 2026 bond yield remain unchanged at 6.83 per cent on Friday.According to Angel Broking, markets are still rejoicing the massive win by BJP in the recent state elections which have infused positive sentiments in the markets. This has resulted into huge inflows. On Monday, USDINR spot is likely to appreciate.

Source: Economic Times March 27, 2017 04:30 UTC