Published on 20/01/2021 4:28:32 PM | Source: Emkay Global Financial Services Ltd
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel https://t.me/InvestmentGuruIndia
Download Telegram App before Joining the Channel
Below are Views On The USDINR bulls have taken a breather after Yellen's remarks By Mr. Rahul Gupta, Head of Research- Currency, Emkay Global Financial Services
"The USDINR bulls have taken a breather after Yellen's remarks on pushing for a fiscal stimulus package which is eventually going to increase inflation. The focus of the market is on Biden's inauguration for clues about his agenda in the first 100 days and whether he announces countrywide lockdown or continues Trump's stance against China as he takeovers. IPO related flows can keep the USDINR spot near 73 zone but a break of which can push price towards 72.75, while 73.50 will act as a resistance."
Above views are of the author and not of the website kindly read disclaimer
PSBs` bad loan formation to moderate going forward: Morgan Stanley
Champion industry, aluminium, looks for 5% RoDTEP rate to boost exports
Cement Sector Update - Long-awaited price hikes play out By Motilal Oswal
Oil and Gas Sector Update - Risk-reward favors IGL - upgrade to Buy; downgrade GGL to Hold By Emkay Global
