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According to Angel Broking, Indian Rupee is expected to trade on a negative note on the back of weak market sentiments; strength in the DX after US Federal Reserve ends its QE tapering program
The dollar is expected to strengthen against the rupee as well. The range for USD-INR is seen between Rs 61.30-61.70/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
Bonds are expected to weaken due to dollar strength, says Mohan Shenoi, Kotak Mahindra Bank.
USD-INR pair is expected to trade slightly higher today amid month-end dollar purchases by oil importers and caution that may persist in the market owing to ongoing US Fed meeting, says Himanshu
Himanshu Arora, Religare said, "USD-INR pair is expected to trade slightly higher today amid month-end dollar purchases by oil importers and caution that may persist in the market owing to ongoing US
ICICIdirect.com expects the US dollar to garner buying support on declines against the rupee. One can utilise declines in the US$/INR October contract to buy for the target of 61
may see a consolidation phase in short-term. On currencies, he said that Dollar index in multi-month bull run, may hit 90-92 and the India rupee may appreciate to 57-59/USD by year
The Indian rupee opened flat at 61.33 per dollar versus 61.31 Monday.
Agam Gupta of Standard Chartered said, "Rupee is expected to open around Rs 61.30-61.35/dollar. We do not expect it to dip below Rs 61.20/dollar due to demand from nationalised banks at that level
Rupee is expected to trade firm, although strength in dollar could cap upside moves in rupee altogether. Range for the USD-INR seen between Rs 60.80-61.80/dollar, says Pramit Brahmbhatt of Veracity.
to trade firm, although strength in dollar could cap upside moves in rupee altogether. Range for the USD-INR seen between Rs 60.80-61.80/dollar," he added.
weathered its worst rupee crisis in two decades.
The Indian rupee has opened at 61.15 a dollar, up 16 paise compared to previous day's closing value of 61.31 per dollar on hopes of strong trade in equity market.
The Indian rupee has opened at 61.15 a dollar on Wednesday, up 16 paise compared to previous day's closing value of 61.31 per dollar on hopes of strong trade in equity market.
Pramit Brahmbhatt, Veracity says, “Indian markets are expected to trade strong, though we may see some profit booking at higher levels.”He expects the rupee to gain as indices in Asian
Pramit Brahmbhatt, Veracity Group CEO, said: "Rupee appreciated mostly in morning session taking cues from local equities which traded positive for the day. However the dollar index surge
IT services revenue in rupee terms may jump 3.08 percent sequentially to Rs 10,832 crore in the quarter ended September 2014 from Rs 10,508.3 crore in June quarter.
The Rupee continues to trade in a broad 60-62/dollar range. Expect the rupee to appreciate from current levels and trade in 60.50-61.50/dollar range, says Ashutosh Raina of HDFC Bank.
Ashutosh Raina, HDFC Bank said, "The markets seem to be taking a breather after the volatile and turbulent last week. China's GDP and industrial production numbers are expected today. The rupee
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