Rupee to trade between 66.55-67.25/USD band:2.11.2016
The 10-year yield could trade in a range of 6.75-6.85 percent today, India Ratings.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
"A clear indication by the Fed over its imminent rate hike could rein in any major appreciating bias of the rupee against USD, in the near term. The rupee could trade at 66.55-67.25/USD band." "The domestic bond market is likely to trade with a consolidation bias. Domestic investors are unlikely to heavily churn their portfolio ahead of global risks and may adopt a wait and watch approach. The 10-year yield could trade in a range of 6.75-6.85 percent today."
The 10-year yield could trade in a range of 6.75-6.85 percent today, India Ratings.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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"A clear indication by the Fed over its imminent rate hike could rein in any major appreciating bias of the rupee against USD, in the near term. The rupee could trade at 66.55-67.25/USD band." "The domestic bond market is likely to trade with a consolidation bias. Domestic investors are unlikely to heavily churn their portfolio ahead of global risks and may adopt a wait and watch approach. The 10-year yield could trade in a range of 6.75-6.85 percent today."