News

Quote on F&O Expiry By Mr. Rahul Gupta, Emkay Global Financial Services Below is quote on F&O Expiry By Mr. Rahul Gupta, AVP-Derivative Sales, Institutional Equity, Emkay Global Financial Services "It has been quite a volatile month for Nifty, wherein Nifty fell to a low of 16,400 at the same time has also seen a high of 17,600. Currently, it looks like Nifty is going to end 1-1.5% up for the month of December. FIIs have sold equities worth almost $2.7 billion in the month of December. This is the 3rd consecutive month wherein FIIs would be the n...
Quote on F&O Expiry By Mr. Rahul Gupta, Emkay Global Financial Services
Quote on F&O Expiry By Mr. Rahul Gupta, Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
30/12/2021 4:38:38 PM
Quote on Rupee By Mr. Rahul Gupta, Head Of Research- Currency, Emkay Global Financial Services Below is Quote on Rupee By Mr. Rahul Gupta, Head Of Research- Currency, Emkay Global Financial Services “The event risk to fx market is next week’s FOMC policy. So the USDINR spot will remain a little directionless until then as with the rising covid cases in the US, the Fed may communicate a dovish stance. However, any hawkish commentary or hints at tapering the asset purchase program will surge the USDINR spot above 75 zone. Thus, for next week, we expect the trend ...
Quote on Rupee By Mr. Rahul Gupta, Head Of Research- Currency, Emkay Global Financial Services
Quote on Rupee By Mr. Rahul Gupta, Head Of Research- Currency, Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
24/07/2021 1:52:17 PM
Quote on Rupee By Mr. Rahul Gupta, Emkay Global Financial Services Below are Quote on Rupee By Mr. Rahul Gupta, Head Of Research- Currency, Emkay Global Financial Services “The USDINR spot is not breaking the immediate resistance of 74.95-75 zone. For next week, the fx market focus will be on Zomato IPO and US CPI data along with fears over the global spread of delta variant. The Zomato IPO will open for subscription on Wednesday, and it may attract FII’s participation. So, until the spot is trading below the resistance of 74.95...
Quote on Rupee By Mr. Rahul Gupta, Emkay Global Financial Services
Quote on Rupee By Mr. Rahul Gupta, Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
9/07/2021 4:29:22 PM
Quote on Rupee By Mr. Rahul Gupta, Emkay Global Financial Services Below are Quote on Rupee By Mr. Rahul Gupta, Head Of Research- Currency, Emkay Global Financial Services "The USDINR spot is following the trend in dollar. Fed Powell downplaying the threat of tapering is not weighing on the spot, rather Fed rate hike worries has kept all the dollar bulls active. So until the spot tries above 73.75-73.80, it will remain afloat with immediate resistance around 74.50 and then 74.75 zone. While the major supports lies around 73.75-73.50-73...
Quote on Rupee By Mr. Rahul Gupta, Emkay Global Financial Services
Quote on Rupee By Mr. Rahul Gupta, Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
23/06/2021 4:49:19 PM
Quote on Rupee By Mr. Rahul Gupta, Emkay Global Financial Services Below are Quote on Rupee By Mr. Rahul Gupta, Head Of Research- Currency, Emkay Global Financial Services "The USDINR spot remains in the mid-range ahead of the FOMC announcement. If the FOMC pushes back tapering talk, it will dismiss the uptrend in spot. Otherwise any hint over the timing of tapering will continue the dollar rally, pushing the USDINR spot higher towards the crucial resistance of 73.50. A consistent trading above that will push prices towards 73.60-73.75...
Quote on Rupee By Mr. Rahul Gupta, Emkay Global Financial Services
Quote on Rupee By Mr. Rahul Gupta, Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
16/06/2021 4:28:22 PM
Quote on Rupee By Mr. Rahul Gupta, Emkay Global Financial Services Below are Quote on Rupee By Mr. Rahul Gupta, Head Of Research- Currency, Emkay Global Financial Services “The fx market is appreciating ahead of the US NFP data for a steer on the US outlook. A surge in payrolls growth will be seen as a sign that the Fed is more likely to move towards early rate hike in the future. The USD/INR spot did not have a good month of May, despite favourable seasonality conditions. However, from 72.30-72.50 zone dollar bulls have been active, ...
Quote on Rupee By Mr. Rahul Gupta, Emkay Global Financial Services
Quote on Rupee By Mr. Rahul Gupta, Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
2/06/2021 4:09:34 PM
CPI and IIP numbers By Mr. Rahul Gupta, Emkay Global Below are Views On CPI and IIP numbers By Mr. Rahul Gupta, Head Of Research- Currency, Emkay Global Financial Services CPI "There’s has been a significant rebound in February inflation figure to 5.03% from 4.06% in January, mostly on the back of rise in food inflation and fuel. The rising global crude prices will continue to add inflationary risks going ahead and CPI will remain elevated. Currently CPI is within RBI’s target range but at the April meeting, the...
CPI and IIP numbers By Mr. Rahul Gupta, Emkay Global
CPI and IIP numbers By Mr. Rahul Gupta, Emkay Global
Source: Emkay Global Financial Services Ltd
13/03/2021 10:38:11 AM
Quote on Rupee by Mr. Rahul Gupta, Head of Research-Currency By Emkay Global Financial Services Below are  Quote on Rupee by Mr. Rahul Gupta, Head of Research-Currency  Emkay Global Financial Services   We have seen Rupee to appreciate immediately after the news that India’s defence minister stated they reached agreement with China to disengage troops from Pangong TSO lake area on disputed border. USDINR Spot hit a low of 72.70 which is the crucial support zone and if it consistently trades below 72.70 then further downside is expected towards 72.50. However, ...
Quote on Rupee by Mr. Rahul Gupta, Head of Research-Currency By Emkay Global Financial Services
Quote on Rupee by Mr. Rahul Gupta, Head of Research-Currency By Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
3/03/2021 5:21:19 PM