Expect rupee to strengthen today:11.11.2016
Liquidity is expected to improve and we expect the 10-year benchmark bond yield to trade in a narrow range of 6.64-6.67 percent today, says Vilas Bank.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
"The rupee today is expected to further signs of strengthening against basket of currencies as the RBI circular on S4A will be credit positive for banking. We expect the USD-INR pair to trade in a range of 66.58-66.68/USD for the day." He further said, "Liquidity is expected to improve and we expect the 10-year benchmark bond yield to trade in a narrow range of 6.64-6.67 percent today."
Liquidity is expected to improve and we expect the 10-year benchmark bond yield to trade in a narrow range of 6.64-6.67 percent today, says Vilas Bank.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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"The rupee today is expected to further signs of strengthening against basket of currencies as the RBI circular on S4A will be credit positive for banking. We expect the USD-INR pair to trade in a range of 66.58-66.68/USD for the day." He further said, "Liquidity is expected to improve and we expect the 10-year benchmark bond yield to trade in a narrow range of 6.64-6.67 percent today."