Wednesday, February 8, 2017

USD-INR pair to trade in range 67.30-67.60/USD : 08.02.2017

USD-INR pair to trade in range 67.30-67.60/USD : 08.02.2017
The 10-year benchmark bond yield is expected to trade with a bout of volatility in the range of 6.37-6.45 percent today, says NS Venkatesh, Lakshmi Vilas Bank.
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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"The appreciation of the INR over the last two weeks was halted yesterday. The currency will take cues from the monetary policy and the movement of the equity market. The USD-INR pair is expected to trade in a range of 67.30-67.60/USD today." He further said, "The 10-year benchmark bond yield is expected to trade with a bout of volatility in the range of 6.37-6.45 percent today."