Expect rupee continue to trade in 67.50-68 range : 27.12.2016
The 10-year bond to trade in a range of 6.50-6.55 percent in the near term, HDFC Bank.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
"The year-end markets are very low on liquidity and continue to trade in a tight range with the dollar index hovering around 103 levels." He further added, "The rupee continues to trade in a very narrow range despite of continued portfolio outflows. Expect the rupee to continue trading in 67.50-68/dollar range with a depreciating bias." "Bonds have also sold off from recent highs. Expect the yield on the 10-year bond to trade in a range of 6.50-6.55 percent in the near term."
The 10-year bond to trade in a range of 6.50-6.55 percent in the near term, HDFC Bank.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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"The year-end markets are very low on liquidity and continue to trade in a tight range with the dollar index hovering around 103 levels." He further added, "The rupee continues to trade in a very narrow range despite of continued portfolio outflows. Expect the rupee to continue trading in 67.50-68/dollar range with a depreciating bias." "Bonds have also sold off from recent highs. Expect the yield on the 10-year bond to trade in a range of 6.50-6.55 percent in the near term."