2025-04-03 05:11:34 pm | Source: LKP securities Ltd
Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

Below the Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee ended flat but traded in a volatile range between 85.75 and 85.35, as markets reacted to Trump’s reciprocal tariff policy. However, the impact on India was seen as limited, with key sectors like Pharma and FMCG largely unaffected.
Despite an initial gap-down opening, rupee saw strong support due to dollar weakness, leading to a sharp recovery. Moving forward, rupee is expected to trade within the 85.00-85.90 range, with global cues and FII flows guiding the trend."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News

Rupee strengthens against US dollar in early trade o...

Buy Godrej Properties Ltd For Target Rs. 2,500 By J...

Tech sector crucial for India`s $7 trillion economy ...

HDFC Bank jumps as its average deposits surge 16% in...

HCP Plastene Bulkpack rises on starting new business...

Hold Datamatics Global Services Ltd For the Target R...

Nidhi Granites trades higher on BSE

Bank of Baroda inches up on reporting 11% rise in gl...

Buy Tata Communications Ltd For Target Rs. 1,927 By ...

With US tariffs, India`s jewellery exports set for s...