Government bond yields closed at their lowest in over two years, and the rupee saw its largest single-day gain since December, driven by exit polls predicting a strong NDA victory in the general elections.
Rupee falls nine paise to 83 27 against U S dollar in early trade thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
The first phase of the election started on April 19. The election results are set to be announced on June 4 to the 543-member Lok Sabha. The BJP-led NDA is expecting to win 400-plus seats.
Get latest articles and stories on India at LatestLY. The rupee appreciated by 3 paise to 83.10 against the US dollar on Tuesday, tracking a positive trend in domestic equities and weakness of the American currency in the overseas market. India News | Rupee Rises 3 Paise to 83.10 Against US Dollar in Early Trade.