Rupee appreciated against dollar after Union Budget - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.54 percent in yesterday’s trading session on the back of weakness in dollar and as Government stick to his fiscal consolidation path without compromising the requirements of public investment. In the union budget Finance Minister said in 2017-18 Fiscal deficit is set at 3.2 percent of GDP and 3 percent f

JPYINR is expected to rise against the Indian Rupee - Angel Broking

Indian rupee

Indian Rupee appreciated by 0.14 percent yesterday as markets discounted the release of Union Budget where India’s finance minister announced a fiscal deficit target (3.2 percent) for 2017-18 fiscal years that was in line with estimates (3-3.3 percent) despite the growth hit caused by demonetization and the upcoming state elections.

USDINR trading range for the day is 67.54-67.96 - Kedia

Currency Update 

USDINR

* USDINR trading range for the day is 67.54-67.96.

* Rupee appreciated to near three-week high on dollar selling by foreign banks amid overseas inflows into local equities.

* Finance Minister Arun Jaitley lowered the government's net market borrowing to Rs

Dollar plunges after Donald Trump comments - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.11 percent in yesterday’s trading session on the back of weakness in dollar. Further, traders expect government to present economically and politically balanced budget ahead of UP elections. Economic Survey 2016-17 presented in parliament projected economy to grow in range of 6.75 percent to 7.25 percen

USDINR is likely to trade negative as markets remain cautious - Angel Broking

Indian rupee

Indian Rupee appreciated by 0.48 percent yesterday on account of weakness in the US Dollar Index after the US President executed orders of suspending travel to the US from seven Muslim-majority countries, sparking widespread protests. The Indian Rupee stayed strong in spite of weakness seen in the domestic markets i.e. Sensex and Nifty pri

JPYINR trading range for the day is 59.52-60.21 - Kedia

USDINR

* USDINR trading range for the day is 67.92-68.22.

* Rupee posted its biggest gaining streak in over four-months on dollar selling by foreign banks amid corporate inflows.

* Also, fiscal windfall from invalid notes not returned post the demonetisation drive will be seen, the survey noted.

* However, the survey also

JPYINR: Scope for upside - Sharekhan

USDINR: Fall on the cards

During September-October, USDINR was in a consolidation phase, which broke out on the upside. In November, the currency pair rallied towards the high of Rs68.89. Near the high, the bears intervened to restrict further upside. Consequently, it entered a correction mode. The fall is getting sub-divided into lower degree waves.

Yen advances on safe haven demand - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.12 percent in yesterday’s trading session on the back of weakness in dollar. Further, foreign institutional investors continued to buy in local shares. FII’s net bought stocks worth Rs 607.36 crores yesterday as per provisional data from NSE. However, sharp gain was prevented on rise in risk aversi

Euro is expected to trade lower - Angel Broking

Indian rupee

Indian Rupee appreciated by 0.38 percent yesterday on account of weakness in the US Dollar Index after the US President executed orders of suspending travel to the US from seven Muslim-majority countries, sparking widespread protests. Moreover, month-end dollar selling by exporters and banks provided further strength to the domestic curren

JPYINR trading range for the day is 59.19-59.96 - Kedia

Currency Update

USDINR

*USDINR trading range for the day is 68.06-68.36.

* Rupee appreciated for the fourth straight day on dollar selling by exporters while bond yields snapped four-day fall on selling by nationalised banks.

* However, dollar demand on behalf of oil importers to meet thei

Sell NSE USDINR Feb between 68.50 – 68.60, SL – 68.90, Target – 68.00 / 67.90 - Angel Broking

NSE USDINR

NSE USDINR Feb as seen in the weekly chart above has opened the week with gap down at 68.3025 levels and starting of the week it made a weekly high of 68.49 levels. Later on prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 68.2725 levels. At the last trading session of the week prices have agai

Euro advances on upbeat economic data - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.04 percent on Friday’s trading session on the back of rise in risk appetite in the domestic markets. Further, investors remained cautious ahead of major economic data from US. FII’s net bought stocks worth Rs 211.77 crores on Friday as per provisional data from NSE. Benchmark stock index 50 shares

GBP is likely to trade higher - Angel Broking

Indian rupee

Indian Rupee depreciated by 0.06 percent last week as month end dollar demand from banks and exporters exerted pressure on the domestic currency. However, rising domestic equities i.e. Sensex and Nifty both gained around 3 percent; limited sharp downside. Also, weakness in the DX for the better part of the week following President Trump&rs

USDINR trading range for the day is 68.15-68.53 - Kedia

USDINR

*  USDINR trading range for the day is 68.15-68.53.

*  Rupee settled flat on dollar selling by foreign banks amid appreciation in the greenback.

*  Indian banks' loans rose 5.1 percent in the two weeks to Jan. 6 from a year earlier, while deposits rose 14.7 percent, the RBI’s data showed.

*

GBP is likely to trade sideways in today’s trading session - Angel Broking

Indian rupee

Indian Rupee appreciated by 0.3 percent on Wednesday as domestic equities gained for third day in a row. Also, weakness in the DX on Wednesday following President Trump’s trade protectionist comments acted as a positive factor. Due to all the above factors, USDINR is likely to appreciate in today’s trading session following pos

JPYINR trading range for the day is 60-60.5 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 68.22-68.48.

* Rupee snapped four-day losses on dollar selling by foreign banks and on speculation that the government of India would adhere to its path of fiscal consolidation.

* The government had, earlier, set a fiscal deficit target of 3.5% f

Dollar rebounds after upbeat manufacturing data - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.10 percent in yesterday’s trading session on the back of weakness in dollar and rise in risk appetite in the domestic markets. Dollar fell as concern over US President Donald Trump’s trade policies weighed. FII’s net bought stocks worth Rs 93.95 crores yesterday as per provisional data from N

USDINR is likely to depreciate in today’s trading session - Angel Broking

Indian rupee

Indian Rupee depreciated by 0.13 percent yesterday owing to month end US Dollar demand from importers and banks. Moreover, strength in the DX further added to the woes. US President Trump's executive has ordered to make it easier for TransCanada to build the Keystone XL pipeline and for Energy Transfer Partners to build the final potio

JPYINR trading range for the day is 59.76-60.81 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 68.04-68.27.

* Rupee snapped four-day losses on dollar selling by foreign banks and on speculation that the government of India would adhere to its path of fiscal consolidation.

* The government had, earlier, set a fiscal deficit target of 3.5%

JPYINR: Climbing up - Sharekhan

USDINR: Poised for a fall

During September-October, USDINR was in a consolidation phase, which broke out on the upside. In November, the currency pair rallied towards the high of Rs68.89. Near the high, the bears intervened to restrict further upside and USDINR entered a correction mode. The fall is getting sub-divided into lower degree waves. USDINR r

Yen advances on safe haven demand - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.05 percent in yesterday’s trading session on the back of rise in demand for dollar from importers. Further, US Federal Reserve Yellen signaled faster pace of rate increase this year. Continued FII outflows from local shares added downside pressure. FII’s net sold stocks worth Rs 288.8 crores yeste

JPYINR is expected to be strong owing to surge in safe-haven demand - Angel Broking

Indian rupee

Indian Rupee appreciated slightly by 0.01 percent yesterday. Reason behind this strength could be attributed to hopes for a speedy rollout of GST in the upcoming Budget session. Moreover, weakness in the American currency post President elect Trump’s comments that their strong currency was hurting their trade, boosted upside and push

JPYINR trading range for the day is 59.45-60.44 - Kedia

Currency Update

USDINR

*USDINR trading range for the day is 67.92-68.41.

* Rupee traded in range on dollar selling by foreign banks after US Trump's inauguration speech did not chalk out details of his fiscal policies.

* Indian banks' loans rose 5.1 percent in the two weeks to Jan. 6 from a year

Buy NSE USDINR Jan between 68.00 – 67.90, SL – 67.70, Target – 68.50 / 68.60 - Angel Broking

NSE USDINR

NSE USDINR Jan as seen in the weekly chart above has opened the week with gap up at 68.36 levels and starting of the week it made a weekly high of 68.3850 levels. Later on as prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 67.96 levels. At the last trading session of the week prices have again

Dollar fell after Trump’s inauguration Speech - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.07 percent on Friday’s trading session on the back of strong dollar. Demand for greenback improved after US Federal Reserve Yellen signaled faster pace of rate increase this year. Further, traders remained cautious ahead of US president elect Donald Trump’s inauguration. Rise in risk aversion in t