25-09-2024 04:35 PM | Source: LKP securities Ltd
Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
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Below the Quote on Rupee By Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"The rupee traded positively, gaining 0.07rs to settle stronger. This strength is likely supported by a weak dollar index and continued positive sentiment in Indian markets. The rupee's support is positioned in the 83.60-83.70 range, while resistance remains around 83.45-83.35. All eyes are now on the upcoming Core PCE Price Index in the US on Friday, which could add some volatility to the currency markets."
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