Monday, January 2, 2017

Rupee opens at 68.13 per dollar; up 9 paise : 03.01.2017

Rupee opens at 68.13 per dollar; up 9 paise : 03.01.2017
The USD-INR is expected to range trade within 67.90-68.20/dollar today, HDFC Bank.
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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The Indian rupee gained in the early trade on Tuesday. It has opened higher by 9 paise at 68.13 per dollar versus previous close 68.22. HDFC Bank said, "Most of the overseas markets were closed on Monday. This provided no respite to USD-INR pair. Demand pushed up the pair above the 68/dollar mark." "The pair is expected to range trade within 67.90-68.20/dollar today." The dollar index bounced back strongly, up around 0.60 percent, after falling for the past three straight sessions. The yen weakened.