Rupee to trade in range 66.55-66.85/USD: 3.11.2016
The 10-year benchmark bond yield to trade in a range of 6.80-6.84 percent for the day, Kotak Mahindra Bank.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
"US FOMC statement continues to signal a Fed rate hike in December. However, dollar has given up gains against major currencies awaiting the outcome of US presidential election next week. Overall risk-off sentiment has impacted Indian stocks, bonds adversely and has kept rupee in a range. We expect the USD-INR pair to trade in a range of 66.55-66.85/USD for the day." "We expect the 10-year benchmark bond yield to trade in a range of 6.80-6.84 percent for the day."
The 10-year benchmark bond yield to trade in a range of 6.80-6.84 percent for the day, Kotak Mahindra Bank.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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"US FOMC statement continues to signal a Fed rate hike in December. However, dollar has given up gains against major currencies awaiting the outcome of US presidential election next week. Overall risk-off sentiment has impacted Indian stocks, bonds adversely and has kept rupee in a range. We expect the USD-INR pair to trade in a range of 66.55-66.85/USD for the day." "We expect the 10-year benchmark bond yield to trade in a range of 6.80-6.84 percent for the day."
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