The Indian rupee opened marginally higher at 64.05 per dollar on Monday versus 64.07 Friday.
Pramit Brahmbhatt of Veracity said, "A stronger dollar will continue to march ahead and weaken the rupee. We expect the USD-INR pair to trade in a range of 64-64.50 for the day."
Ajay Manglunia of Edelweiss said, "The bond markets have extended their weakness post the inflation numbers last week. However, it is unlikely that they will continue to slip much further and yields might consolidate around current levels."
"The volume is expected to be relatively low and the 10-year benchmark bond yield is likely to trade in a narrow range of 6.58-6.62 percent today," he added.
Free Stock Cash Tips and recommendations with full executive’s support >> http://ripplesadvisory.com/nifty-future.php or ONE MISSED CALL ON @9644405056 to subscribe us!
The Indian rupee opened marginally higher at 64.05 per dollar on Monday versus 64.07 Friday.
Ajay Manglunia of Edelweiss said, "The bond markets have extended their weakness post the inflation numbers last week. However, it is unlikely that they will continue to slip much further and yields might consolidate around current levels."
No comments:
Post a Comment
Note: only a member of this blog may post a comment.