Tuesday, November 29, 2016

USD-INR to trade in range of 68.50-68.80/USD: 30.11.2016

USD-INR to trade in range of 68.50-68.80/USD: 30.11.2016
The new 10-year G-Sec is expected to trade between 6.31-6.33 percent today, Lakshmi Vilas Bank.
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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"The expectation is that the market will take cues from the equity market as well as the dollar index movement. Hence, it is expected that the USD-INR will trade in the range of 68.50-68.80/dollar." He further said, "The liquidity constraint in the system due to the additional CRR is keeping market participants in a nervous mood. Hence, volumes are less. The new 10-year G-Sec is expected to trade between 6.31-6.33 percent today."