Rupee depreciated on lower GDP estimates - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.35 percent in yesterday’s trading session on the back of strong dollar. Further, lower economic growth projection by CSO added downside pressure. Indian Central Statistics Office estimated economy to slow to 7.1 percent in the current fiscal year ending March 31 compared to 7.6 percent last year. Rise in risk a

GBPINR will trade lower in today’s trading session - Angel Broking

Indian rupee

The Indian Rupee traded on a flat note yesterday as disappointing release of ADP/NFP Non-Farm Employment Change data from the US pushed the American currency lower which in turn worked in favor of the Indian Rupee. Moreover, minutes from the Federal Reserve's December’16 meeting suggested a less hawkish stance from policymakers w

JPYINR trading range for the day is 58.1-58.85 - Kedia

Currency Update

USDINR     

* USDINR trading range for the day is 68.12-68.55.

*  Rupee ended lower as investors anticipated aggressive rate hike trajectory by Federal Reserve after robust US wage growth data.

*   India expects growth of around 7 per

Buy NSE USDINR January between 67.80 – 67.70, SL – 67.50, Target – 68.40 / 68.60 - Angel Broking

NSE USDINR

NSE USDINR Jan as seen in the weekly chart above has opened the week at 68.08 levels and at the starting of the week it made a weekly high of 68.5125 levels. Later on prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 67.88 levels. At the last trading session of the week prices have again bounced

Buy EURINR January Future Target 73.45, Stoploss 71.88 - HDFC Sec

USDINR 

* On Friday, Dollar index recouped some of the losses seen in the earlier sessions. This can have bullish implications for USDINR pair.

* USINR pair has been forming higher tops and higher bottoms on the daily charts, indicating bullish setup for the short term.

* Immediate support for the pair seen at 67.85, which can

Rupee ended flat ahead of advance GDP estimates - Sharekhan

USD-INR:

The Indian Rupee ended flat on Friday’s trading session as investors remained cautious ahead of India advance GDP estimates for this fiscal year and US job report. Further, rise in risk aversion in the domestic market and continued FII outflows from local shares kept Rupee under pressure. Benchmark stock index 50 shares Nifty Index fell

GBPINR weak in today’s trading session - Angel Broking

Indian rupee

The Indian Rupee appreciated by 0.21 percent in the last week as disappointing release of ADP/NFP Non-Farm Employment Change data from the US pushed the American currency lower which in turn worked in favor of the Indian Rupee. Moreover, minutes from the Federal Reserve's December’16 meeting suggested a less hawkish stance from

USD/INR futures likely to trade with sideways - Tradebulls Sec

USD/INR FUTURE VIEW

USD/INR futures traded with firm sentiments due to short covering at lower levels from traders in last session. Overall trend for USD/INR futures likely to remain sideways for intraday session due to short covering. Next important resistance seen at 68.29 levels. USD/INR futures likely to trade with sideways sentiments and 68.20 wil

USDINR trading range for the day is 67.81-68.34 - Kedia

USDINR

*  USDINR trading range for the day is 67.81-68.34.  

*  Rupee ended with flat node as market participants remained mostly on sideline ahead of US NFP data.  

*  FOMC minutes showed that the Fed is concerned about a strengthening dollar, and that more fiscal stimulus could raise demand above sustainab

Dollar plunges after FOMC meeting Minutes - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.13 percent in yesterday’s trading session on the back of weak dollar and rise in risk appetite in the domestic markets. Benchmark stock index 50 shares Nifty Index rose by 1.02 percent to 8273.8. Dollar gave up its strength after FOMC meeting minutes showed that policymakers pointed to uncertainty over t

USDINR is likely to appreciate in today - Angel Broking

Indian rupee

The Indian Rupee appreciated by 0.21 percent yesterday as disappointing release of ADP Non-Farm Employment Change data from the US pushed the American currency lower which in turn worked in favor of the Indian Rupee. Moreover, minutes from the Federal Reserve's December’16 meeting suggested a less hawkish stance from policymaker

JPYINR trading range for the day is 58.16-58.97 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 67.74-68.39.

* Rupee extended gain on dollar selling by foreign banks after December minutes of the FOMC meeting showed members favouring a slower pace of rate hike in 2017.

* India expects growth of around 7 percent in the firs

Japanese Yen is expected to appreciate - Angel Broking

Indian rupee

The Indian Rupee appreciated by 0.55 percent yesterday owing to weak DX in the overseas market after minutes from the Federal Reserve's December’16 meeting suggested a less hawkish stance from policymakers. Moreover, sustained selling of US Dollar by exporters/banks acted as a positive factor.

In today’s trading

USD/INR Lower side support seen at 68.05 levels - Tradebulls Sec

USD/INR FUTURE VIEW

USD/INR futures traded with bearish sentiments due to selling pressure from traders in last session. Overall trend for USD/INR futures likely to remain sideways for intraday session due to profit booking. Next important resistance seen at 68.38 levels. USD/INR futures likely to trade with sideways sentiments and 68.28will be the tre

EURINR trading range for the day is 71.09-71.57 - Kedia

USDINR

*  USDINR trading range for the day is 68.06-68.51.  

*  Rupee appreciated on dollar selling by Union Bank of India and some foreign banks mostly on behalf of exporters.  

*  India's services industry ended 2016 on a sour note, contracting for a second month in a row in December as orders shrank a

Dollar advances on upbeat manufacturing data - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.15 percent in yesterday’s trading session on the back of strong dollar and continued FII outflows from local shares. Further, demand for greenback from Importers increased. State run banks were seen buying dollars on behalf of large oil refineries. FII’s net sold stocks worth Rs 500.49 crores yest

USD/INR futures witnessing volatile price movement at lower levels - Tradebulls Sec

USD/INR FUTURE VIEW

USD/INR futures traded with firm sentiments due to buying support at lower levels from traders in last session. Overall trend for USD/INR futures likely to remain sideways for intraday session due to profit booking. Next important resistance seen at 68.70 levels. USD/INR futures likely to trade with sideways sentiments and 68.58 wil

EURINR is expected to trade weak - Angel Broking

Indian rupee

The Indian Rupee depreciated by 0.16 percent yesterday as upbeat economic manufacturing data release from the US pushed the DX higher in turn keeping the Indian Rupee pressurized. Moreover, persistent buying of US Dollar by importers/banks amid higher US Dollar in the overseas market added to the woes.

In today’s trading s

USDINR trading range for the day is 68.09-68.71 - Kedia

USDINR

* USDINR trading range for the day is 68.09-68.71.

* Rupee depreciated on dollar buying by oil importers, and tracking strength in the greenback.

* The Indian government will present on February 1 its budget for the 2017/18 financial year starting on April 1.

* Fed will release minutes of its Dec meeting on Wednesda

USDINR: Potential to slide - Sharekhan

USDINR: Potential to slide

In June, USDINR had faced resistance near the 78.6% retracement of the February-March fall. After that it entered a correction mode. During September-October, the currency pair was in a consolidation phase, which broke out on the upside. In November, it rallied towards the high of Rs68.89. Near the high, the bears intervened

GBPINR is expected to trade lower - Angel Broking

Indian rupee

The Indian Rupee depreciated by 0.28 percent yesterday owing to thin trading in the Asian market equities with all of Asia's major markets closed for the New Year holiday. Moreover, persistent buying of US Dollar by importers/banks amid higher US Dollar in the overseas market added to the woes.

In today’s trading sessio

Rupee depreciates on continued FII outflows - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.44 percent in yesterday’s trading session on the back of rise in risk aversion in the domestic markets and continued FII outflows from local shares. Further, demand for greenback from Importers increased. Benchmark stock index 50 shares Nifty Index fell by 0.08 percent to 8179.5. FII’s net sold sto

EURINR is expected to trade higher - Angel Broking

Euro

• The Euro currency traded higher by 0.56 percent in the last week no major economic datasets from the US on account of Christmas holidays kept the American currency weak which boosted the demand for the shared currency.

• Debt-ridden nation Greece had planned to pay out a Christmas bonus for pensioners and keep lower value add

Dollar plunges on disappointing data - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.24 percent on Friday’s trading session on the back of weakness in Dollar and rise in risk appetite in the domestic markets. Benchmark stock index 50 shares Nifty Index rose by 1.01 percent to 8185.8. Further, Indian Rupee tracked strength in other Asian currencies. However, sharp gain was prevented on mo

EURINR is expected to trade lower - Angel Broking

Indian rupee

The Indian Rupee depreciated by 0.1 percent in the last week as investors indulged in profit booking owing to persisting worries about the impact from the ban on higher value banknotes on the economy and corporate profits. Moreover, persistent buying of American currency by importers/banks amid higher US Dollar in the overseas market added