Monday, January 23, 2017

Expect rupee may remain rangebound at Rs 68-68.30/$ : 24.01.2017

Expect rupee may remain rangebound at Rs 68-68.30/$ : 24.01.2017
HDFC Bank says he expects the USD-INR pair is likely to remain rangebound within the range of Rs 68-68.30 per dollar.
NIFTY FUT  TREND             : BUY ZONE
BANKNIFTY FUT  TREND  : BUY ZONE


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USD-INR pair is likely to remain rangebound within the range of Rs 68-68.30 per dollar. On bond outlook, he says the 10-year benchmark bond yield is expected to trade within the range of 6.40-6.45 percent today. The dollar slumped to a seven-week low against a currency basket, weighed by concerns about the early days of Donald Trump's administration.