The rupee witnessed a further bounce and managed to gain almost 18 paise - ICICI Direct
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/03/6a17f5ce68bd4799a69d5aa7f6a0f556.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
INR Futures
* The rupee witnessed a further bounce and managed to gain almost 18 paise in the last session to close near 73.36 levels against the US dollar
* The dollar index moved below 91 levels once again amid softening bond yields. US 10-year yields have remained largely below 1.40% level after testing the 52-week high on Friday
Global Bonds
* The Nifty opened higher and held firm above 14750. In the final half hour, a sudden surge in heavyweights helped it to end near the day high. According to option data, 15000 Call option has significant OI, which should act as resistance while on the downside, 14800 and 14700 has noteworthy OI, which should act as support
* The Bank Nifty opened higher and saw intraday correction where it took the support of 35000 Put base as it reversed from those levels
FII & FPI Activities
* Foreign institutional investors (FII) remained net buyers to the tune of | 78 crore on March 1, 2021. They bought worth | 849 crore in the equity market and sold worth | 771 crore in the debt market
US$INR futures on NSE
* The US$INR March futures fell further as the dollar index started weakening once again while risk currencies exhibited some bounce after a sharp decline was seen on Friday. However, we expect US$INR futures to find support near 73.50 levels in the short-term
* The dollar-rupee March contract on the NSE was at | 73.60 in the last session. The open interest remained almost unchanged in the March as well in April series
US$INR Strategy
To Read Complete Report & Disclaimer Click Here
https://secure.icicidirect.com/Content/StaticData/Disclaimer.html
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Indiateam57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/munishakhatwal57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/tatapower57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/MP Ahammed.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Fintech Pre-budget expectation.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/uttarpradesh57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Budget_3.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Cyberpeace.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f8722dc5cfdcb05d0a567e0df6a967e.jpg)
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)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/06/48c9e67de950974760345201b7912b59.jpg)
EURINR is trading above 20 and 50 day moving average, Trend is negative and sell on rise is ...
![Weaker than expected non manufacturing PMI data from the US capped further gains in the US dollar - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/11/488fe6e29559b6676cc4756958038af7.jpg)
![The USD/INR futures pair has support at 75.00 levels whereas resistance is placed at 75.30 levels - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/10/ffe30654023850aa0e31d9cdffaba2eb.jpg)
![Weekly Forex Report : USDINR Biasness of this week is expected to be bullish - Religare Broking](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/02/8377e6b7d9dfcffcf3f575fde6ccf5b4.jpg)