Don’t have an account?
New to Moneycontrol - Sign up now
Its easy and FREE!
OR connect with
A Quick View
The Indian rupee opened flat at 60.29 per dollar versus 60.37 Wednesday. The yen wallowed at one-week lows against the dollar, having eased broadly overnight as a rally in global stocks dented demand
Rupee has settled in a comfortable range on the prospect of a stable Government post elections, says Mohan Shenoi of Kotak Mahindra Bank.
The rupee is likely to trade in a range of 60.20-60.50/USD, says Mohan Shenoi of Kotak Mahindra Bank.
There is nothing to worry about, says Bhavin Shah, chief executive office, Equirus Securities, who adds that the rupee appreciation led to some of the negativity on the numbers.
HCL Technologies' revenue (in rupee terms) is likely to grow 2.5 percent quarter-on-quarter to Rs 8,388 crore and dollar revenue may rise 2.7 percent to USD 1357.5 million.
According to CNBC-TV18 poll, profit after tax of the company is likely to fall 2.9 percent sequentially to Rs 5,175 crore but revenues (in rupee terms) may increase 1.7 percent Q-o-Q to Rs 21
The Indian rupee opened lower at 60.29 per dollar on Wednesday, down 7 paise compared to previous closing value of 60.22 a dollar.
Rupee is expected to trend mildly lower today amid rise in wholesale inflation which touched a 3-month high, says Himanshu Arora of Religare.
Rupee to remain in a range between 59.95-60.65/dollar, says Himanshu Arora, Religare.
According to CNBC-TV18 poll, profit after tax of TCS is likely to fall 2.9 percent sequentially to Rs 5,175 crore but revenues (in rupee terms) may increase 1.7 percent Q-o-Q to Rs 21,662 crore
Rupee is expected to appreciate on the back of strong Asian and US equities, says Pramit Brahmbhatt of Veracity.
For the first time in 11 months of 2013-14 fiscal, the Reserve Bank did not purchase any dollars at all in February from the market, but sold USD 530 million. In January, the central bank was a net
From the intra-day perspective, Indian Rupee is expected to trade on a mixed note on the back of dollar demand from importers coupled with weak global market sentiments will exert downside pressure
The rupee is seen between 59.50-60.75/dollar range, says Pramit Brahmbhatt of Veracity Group.
According to Manoj Rane, rupee appreciation will depend on quantum of capital flows. But in case FIIs pump in huge cash before election outcome, the rupee may possibly breach 60/USD and approach 59
According to Ajay Jain CEO of astromoneyguru.com, profit booking is expected at higher levels in pharma, software, metal and oil & gas stocks and rupee is expected to cross 60.50 levels in spot
The Indian rupee opened marginally higher by 9 paise at 60.04 per dollar versus 60.13 Wednesday. The dollar drifted at three-week lows against a basket of major currencies, having fallen for a fourth
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.