USD-INR to trade in range 66.60-67/USD : 10.02.2017
RBI in the recent credit policy led to massive sell-off in bonds with 10-year yields settling at 6.85 percent, HDFC Bank.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
"The rally in USD-INR pair continues on the back of global risk-on sentiment, even though dollar index has moved higher to 100.65 from recent lows. We expect the pair to trade in the 66.60-67/USD range for today." He further said, "The hawkish hold by RBI in the recent credit policy led to massive sell off in bonds with 10-year yields settling at 6.85 percent. Expect the 10-year yields to trade in 6.80-6.90 percent range today."
RBI in the recent credit policy led to massive sell-off in bonds with 10-year yields settling at 6.85 percent, HDFC Bank.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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"The rally in USD-INR pair continues on the back of global risk-on sentiment, even though dollar index has moved higher to 100.65 from recent lows. We expect the pair to trade in the 66.60-67/USD range for today." He further said, "The hawkish hold by RBI in the recent credit policy led to massive sell off in bonds with 10-year yields settling at 6.85 percent. Expect the 10-year yields to trade in 6.80-6.90 percent range today."