Expect USD-INR to trade in range 68.45-68.80/USD :1.12.2016
The 10-year benchmark bond yield to trade in a range of 6.23-6.28 percent for the day, Kotak Mahindra Bank.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
"Oil prices have risen on the back of OPEC decision to cut production. Strong US data makes December rate hike near certain. US treasury yields go higher and dollar strength against global majors continues. We expect the USD-INR to trade in a range of 68.45-68.80/USD for the day." "We expect the 10-year benchmark bond yield to trade in a range of 6.23-6.28 percent for the day."
The 10-year benchmark bond yield to trade in a range of 6.23-6.28 percent for the day, Kotak Mahindra Bank.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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"Oil prices have risen on the back of OPEC decision to cut production. Strong US data makes December rate hike near certain. US treasury yields go higher and dollar strength against global majors continues. We expect the USD-INR to trade in a range of 68.45-68.80/USD for the day." "We expect the 10-year benchmark bond yield to trade in a range of 6.23-6.28 percent for the day."