30-09-2024 04:50 PM | Source: LKP securities Ltd
Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below the Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"The rupee weakened by 0.09rs, closing at 83.79 as volatility in the dollar index increased, driven by reactions in Asian markets to Middle East tensions and volatility in the Japanese market. The Indian index witnessed profit booking, primarily led by Reliance and the banking sector, contributing to continued rupee weakness from the 83.50 zone. Support for the rupee is seen in the 83.85-83.95 range, while strong resistance lies between 83.50-83.40."
Above views are of the author and not of the website kindly read disclaimer
Latest News
Centre launches portal for nurturing skill developme...
Hyundai, Kia`s Europe sales down 7.5 pc in October
AI-powered voice analysis may revolutionise early di...
Rohit Sharma to join Indian team in Australia on Sunday
Evening Roundup : A Daily Report on Bullion Energy &...
Buy Copper Above 825 SL Below 821 TGT 830/833 - Axis...
Over 9 in 10 Indian leaders anticipate an increase i...
Evening Track : Renewed Geopolitical uncertainty fue...
Mahayuti government is going to be formed: Shiv Sena...
Everything will get clear on the 23rd: BJPs Rahul Na...
