18-11-2024 05:15 PM | Source: LKP securities Ltd
Quote on Rupee from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"The rupee showed strength, gaining 0.08 rupees to trade at 84.39, supported by a weakening dollar that failed to break above 107 and retreated to 106.45. This minor support for the rupee was further aided by a reduction in FII selling activity in recent days, with expectations that sell-off pressure will remain limited due to the upcoming state elections in Maharashtra. The rupee is expected to find support in the 84.45-84.52 range, while resistance is projected around 84.25-84.30."
Above views are of the author and not of the website kindly read disclaimer
Latest News
Employment rises in India`s urban areas during July-...
India`s electronics sector set to create 12 million ...
Commodity Weekly Insights Crudeoil - Geojit Financia...
India`s economic growth needs more affordable intere...
FIIs stood as net sellers in equities as per Novembe...
Commodity Weekly Insights Spices Round Up - Geojit F...
Buy Gold Above 74800 SL Below 74500 TGT 75200/75400 ...
Commodity Research Evening Track by Kotak Securities
Evening Roundup : A Daily Report on Bullion Energy &...
Sudden government notifications raise operational ch...