The rupee depreciated marginally and ended at 72.42 - ICICI Direct
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/02/5919e3f0e5368ca52afabfcf8ad598d1.jpg)
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INR Futures
* The rupee depreciated marginally and ended at 72.42 against the dollar despite recent dollar weakness as FII inflows have paused. US yields have moved up sharply towards 1.45 in the last session
* The Dollar index finally moved below 90 levels as fresh momentum was observed across risk assets post comments from the Fed. Euro has also moved to an almost two month high against the dollar
Global Bonds
* The Nifty extended its gains as positive global cues helped the market to open higher though later on it remained in the range of 100 points. According to option chain, 14900 and 15000 Put option has substantial OI, which should provide support in case of a fall while 15100 and 15200 Call option have significant OI, which should cap gains
* The Bank Nifty opened higher but later on profit booking was seen, especially in private bank
FII & FPI Activities
Foreign institutional investors (FII) turned net sellers to the tune of | 2031 crore on February 23, 2021. They sold worth | 300 crore in the equity market and sold worth | 1730 crore in the debt market
US$INR futures on NSE
* The US$INR March futures closed at 72.75 levels. However, considering the significant Call base at 73, we do not expect a major up move from current levels with upsides remaining shorting opportunities
* The dollar-rupee March contract on the NSE was at | 72.75 in the last session. The open interest increased almost 4% in the March series
US$INR Strategy
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)
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USDINR trading range for the day is 82.22-82.92 - Kedia Advisory
![Euro ended on positive note aided by weakness in dollar and optimistic global market sentiments - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/232f5d9127f401360f28353722d692ed.jpg)
![The EUR/INR futures pair has support at 90.20 levels whereas resistance is placed at 90.60 levels - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/02/74d5c92c7ce9fcb985a74f8ca45bb980.jpg)
![USDINR June futures retraced 61.8% to 74.36, adjoining the recent high 75.50 to 72.60 - HDFC Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/06/cc91da329158a91b919ba5e0d8600938.jpg)