Indian Rupee Opens Lower At 63.90 Per Dollar

The Indian rupee opened lower at 63.90 per dollar on Tuesday versus previous close 63.87.

 

Any rally around or move above 64 is meeting with customer selling. For today, expect a range of 63.70-63.90 to hold.

 

The yields of the Indian benchmark is trying to find a base just above 7.40 percent. Expect today's range between 7.44-7.48 percent.

 

Get Daily Trading Tips Click Here >> Commodity Tips Or Missed call This Number @ 7089009189 And Like This Page >> Investment Visor.

Comments

Post a Comment

Popular posts from this blog

Silver Trading Range For The Day Is 38056-39424

Image
Silver on MCX settled down -0.63% at 38733 as pressure seen amid an end to uncertainty created by a three-day U.S. government shutdown capped gains. Data showed euro zone consumer confidence jumped much more than expected in January, underlining the strong momentum in its economy.    Bullion traded in a tight range after the U.S. Senate voted to pass a temporary spending plan through Feb. 8 to end the government shutdown. The dollar extended recent weakness against a basket of major currencies to hit a fresh three-year low, after the euro surged on consumer confidence data indicating strong momentum in the region's economy.   Trading Ideas:    * Silver trading range for the day is 38056-39424.    * Silver dropped as pressure seen amid an end to uncertainty created by a three-day U.S. government shutdown capped gains.   * Data showed euro zone consumer confidence jumped much more than expected in Janu...
Read more

Indian ADRs: HDFC Bank, Tata Motors, Dr Reddy's Lab Gain

Image
ADRs ended higher on Friday. In the IT space, Infosys was up 0.27 percent at USD 18.50 and Wipro rose 1.44 percent at USD 5.64.   In the banking space, ICICI Bank gained 0.99 percent at USD 11.22 and HDFC Bank added 2.53 percent at USD 109.   In the other sectors, Tata Motors gained 1.06 percent at USD 31.37 and Dr Reddy's Laboratories added 1.99 percent at USD 38.36.    Get Daily Commodity Tips and Recommendation So Missed Call This Number @ 7089009189 And Like This Page >> Investment Visor .
Read more

Rmseed Trading Range For The Day Is 4035-4119

Image
Rmseed trading range for the day is 4035-4119.    Mustard seed dropped as pressure seen as new season mustard has commenced in Rajasthan while in Madhya Pradesh it will start from the first week of February.    India 2017-18 mustard seed output expected to fall by 10% on lower acreage and moisture stress.    NCDEX accredited warehouses mustard seed stocks dropped by 68 tonnes to 9133 tonnes.    In Alwar spot market in Rajasthan the prices remains unchanged by 0 Rupees to end at 3973.5 Rupees per 100 kg.   Get Commodity Tips So Give a Missed Call @ 7089009189 And Like This Page >> Investment Visor .
Read more