Wednesday, December 28, 2016

USD-INR to trade between 68-68.30/dollar : 29.12.2016

USD-INR to trade between 68-68.30/dollar : 29.12.2016
USD-INR expected trading range for the day 68-68.30/dollar, Kotak Mahindra Bank.
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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"Year-end holidays expected to keep volumes and activity in currency markets low and thin. USD-INR expected trading range for the day 68-68.30/dollar." He further added, "Outlook for bond has been bearish since the announcement of latest policy review by RBI. Expected trading range for the day is 6.55-6.60 percent."