Rupee to consolidate around 66.40/USD: 09.09.2016
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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The 10-year benchmark bond yield is likely to move towards the 7% level,
last Friday's disappointing US non-farm payroll data has pushed back expectation of a Fed rate hike. Emerging markets have reacted positively and spot USD-INR was thus able to break below Rs 66.80/USD.
The USD-INR pair to consolidate around Rs 66.40/USD. "The 10-year benchmark bond yield is likely to move towards the 7% level,"
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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The 10-year benchmark bond yield is likely to move towards the 7% level,
last Friday's disappointing US non-farm payroll data has pushed back expectation of a Fed rate hike. Emerging markets have reacted positively and spot USD-INR was thus able to break below Rs 66.80/USD.
The USD-INR pair to consolidate around Rs 66.40/USD. "The 10-year benchmark bond yield is likely to move towards the 7% level,"