Tuesday, January 17, 2017

Rupee to move in range of 67.82-68.08/USD : 18.01.2017

Rupee to move in range of 67.82-68.08/USD : 18.01.2017
The bond market is expected to trade in a range of 6.38-6.43 percent today, Lakshmi Vilas Bank.
NIFTY FUT  TREND             : BUY ZONE
BANKNIFTY FUT  TREND  : BUY ZONE


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"The global developments arising out of general weakness of dollar and strengthening of pound will have a bearing on the way our currency and equity markets will behave. The rupee is expected to move in a range of 67.82-68.08/USD." He further said, "Based on the British Prime Minister's comments about the exit of Britain from the European Union will have a definite impact on the way the equities and currency market will react. The bond market is expected to trade in a range of 6.38-6.43 percent today."