2025-03-28 05:14:37 pm | Source: LKP Securities Ltd
Looking ahead, positive FII cues are likely to sustain the upbeat sentiment for the rupee. However, today’s Core PCE Price Index data will be crucial in determining dollar volatility. The rupee range is expected between 85.00-85.75, with capital flows and US economic data shaping the next move."
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 rallied sharply by 0.30rs to 85.45, driven by a strong FII inflow of Rs 11,111 Cr, which boosted sentiment and supported rupee buyers. The dollar’s range-bound movement provided additional relief, keeping pressure on the rupee limited.
Looking ahead, positive FII cues are likely to sustain the upbeat sentiment for the rupee. However, today’s Core PCE Price Index data will be crucial in determining dollar volatility. The rupee range is expected between 85.00-85.75, with capital flows and US economic data shaping the next move."
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
High-intensity exercise, resistance training may hel...
POCO launches unbeatable 5G smartphone deals for Fli...
The Index can long above 25250 for the potential tar...
Adani Enterprises rises on securing LoA for building...
Suzlon Energy gains as its group secures 838 MW orde...
Weekly Option strategy on Nifty by Axis Securities
Concord Control Systems zooms on bagging order for K...
Commodity Weekly Insights 16th September 2025 by Geo...
Tata Power surges as its arm inks pact with Suzlon f...
IZMO touches roof as its izmomicro division develops...
More News
Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Quote on Rupee from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Quote on Rupee 03 June 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Quote on Rupee from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities