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USD-INR To Trade In 67.20-67.80/USD Range

The crucial 2-day FOMC meeting starts today, with markets expecting a 0.25 percent hike. The dollar index has come off from recent highs. We expect the USD-INR pair to trade in the 67.20-67.80/USD ahead of FOMC rate decision.He further said, "The bon...

Rupee Retreats 23 Paise Against Greenback

The Indian rupee slipped 23 paise against its US counterpart on Friday due to fund outflows by foreign funds amid the American currency strengthening overseas on fears of an imminent Fed rate hike and worries over the impact of the government’s dem...

Forex - Yen A Tad Weaker In Asia As Fed Meeting In Sharp Focus

The yen weakened slightly in Asia on Monday with upbeat month machinery orders having little effect on sentiment as the focus falls squarely on the Fed meeting this week. USD/JPY changed hands at 115.44. up 0/06%, while AUD/USD traded at 0.744, flat.

Sensex, Nifty flat; Auto Stocks Skid, Bank & FMCG Rally

The market is still in green with the Sensex up 32.66 points at 26726.94. The Nifty is up 1.35 points at 8248.20. About 1355 shares have advanced, 1070 shares declined, and 156 shares are unchanged.ITC, SBI, ICICI Bank, ONGC and Infosys are top gaine...

Sensex, Nifty Continue To Consolidate; ITC, Infosys, SBI Lead

The market is on consolidation mode as the Sensex is up 53.04 points or 0.2 percent at 26747.32. The Nifty is up 7.65 points at 8254.50. About 1326 shares have advanced, 807 shares declined, and 127 shares are unchanged. ITC, ONGC, Infosys, SBI...

Market Not Bottomed Out Yet; See Nifty Base At 7700-7800

The market has not made a strong bottom yet and the current up move is only a recovery, feels Gautam Shah, Associate Director & Technical Analyst at JM Financial. Sharing his take on the markets with CNBC-TV18 Shah says, "There is no evidence on...

BUY GBPINR DEC ABOVE 85.56 TGT - Ways2Capital

NSE CDS - BUY GBPINR DEC ABOVE 85.56 TGT 85.67, 85.79, 85.91 SL 85.46NSE CDS - BUY JPYINR DEC ABOVE 59.53 TGT 59.64, 59.75, 59.87 SL 59.43For Free Trial : http://www.ways2capital.com Contact us at : 1800-3010-2007http://www.ways2capital.com...

Indian Rupee Is Expected To Appreciate

The Indian Rupee appreciated by 0.44 percent yesterday after the Reserve Bank of India in its fifth Bi Monthly Monetary Policy review kept its benchmark repo rate unchanged at 6.25 percent. Other important rates were also kept at the same levels like...

Buy EURINR Around 72.70; Target Of 73.30

EURINR Dec futures opened slightly lower with gap and prices consolidated for most of the session in the range of 72.90 - 73.05 levels. Prices broke the range on the lower side in the closing session and made a low of 72.70. Prices have fallen a...

SELL USDINR; Target of 67.47

US dollar index is trading at 100.03 , continuing to trend lower as markets continued to doubt the US dollar strength. There was no economic data from the US but expectations of tightening from the ECB drove the dollar lower. Bond yields too continue...

Rupee Opens Higher At 67.53 Per Dollar

The Indian rupee opened higher by 10 paise at 67.53 per dollar on Thursday versus previous close 67.63. Mohan Shenoi of Kotak Mahindra Bank said, "US Fed rate hike this month is certain. Market focus is now on pace of future hikes. RBI did not cut po...

ZINC BUY CALL DID OUR FIRST TGT - Ways2Capital

MCXPACK - ZINC BUY CALL DID OUR FIRST TGT OF 190.70,BUY GIVEN FROM LEVEL OF 189.60. TOTAL PROFIT OF INR 16500/- WITH RECOMMENDED 3 LOT TRADE. For Free Trial : http://www.ways2capital.com Contact us at : 1800-3010-2007http://www.ways2capital.

Rupee Opens Higher At 67.84 Per Dollar

The Indian rupee opened marginally higher at 67.84 per dollar on Wednesday versus previous close 67.90. NS Venkatesh of Lakshmi Vilas Bank said, "The rupee gained considerably against the USD yesterday on account of dollar selling by exporters and cu...

SELL USDINR ; Target Of 67.70

US dollar index is trading at 100.52 , gaining some losses back in a mellowed session yesterday. Economic data was positive for the US dollar with the factory orders hitting a 1.5 years high. There is no major data to be announced today and mark...

Rupee Is Likely To Trade Sideways To Higher

The Indian Rupee appreciated by 0.4 percent yesterday ahead of the bi - monthly policy of the Reserve Bank of India that is to be released today. There is a rising speculation that the Reserve Bank of India will lower its repo rate by 25 basis points...

BUY GBPINR DEC ABOVE 86.85 TGT - Ways2Capital

NSE CDS - BUY GBPINR DEC ABOVE 86.85 TGT 86.96, 87.08, 87.20 SL 86.74For Free Trial : http://www.ways2capital.com Contact us at : 1800-3010-2007http://www.ways2capital.com/livlecal...

Sell USDINR Around 68.40; Target Of 68.02

USDINR Dec futures opened slightly lower with gap and prices consolidated for half of the session in the range of 68.25-68.35. Later prices broke out from its short term declining trend line and rose in the intraday till high of 68.39. Previousl...

Rupee Is Likely To Trade Sideways To Lower

The American currency traded lower by 0.68 percent yesterday as markets book profits from post election rally. Moreover, the prospects of interest rate hike in Dec’16 FOMC meeting has already been priced out. There has been some mixed release...

Buy EURINR; Target Of 73.65

Euro is trading at 1.0761 , bouncing from the lows that were seen in the aftermath of the Italian referendum. The surge in Euro could indicate that markets were prepared for the No vote and shorts were squeezed. German factory orders and Europea...

Rupee Opens Higher At 68.14 Per Dollar

The Indian rupee gained in the early trade on Tuesday. It has opened higher by 7 paise at 68.14 per dollar versus previous close 68.21. Ashutosh Raina of HDFC Bank said, "The USD-INR pair, tracking the overall dollar weakness, has moved closer to the...


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