Sunday, January 22, 2017

Rupee to trade with negative bias : 23.01.2017

Rupee to trade with negative bias : 23.01.2017
The 10-year benchmark bond yield is likely to trade in a range of 6.44-6.50 percent today, Edelweiss.
NIFTY FUT  TREND             : BUY ZONE
BANKNIFTY FUT  TREND  : BUY ZONE


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Veracity said, "We expect the rupee to trade with a negative bias, in a range of 68-68.50/dollar for the day." Ajay Manglunia of Edelweiss said," The negative bias in domestic bonds is unlikely to change significantly as the US treasury yield trajectory is expected to be closely tracked. The 10-year benchmark bond yield is likely to trade in a range of 6.44-6.50 percent today."