Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Market Commentary

| More

Rupee - Nov 2, 2020 - Reliance Securities

Posted On: 2020-11-14 03:44:57 (Time Zone: Arizona, USA)


Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

The Indian Rupee ended flat on Friday, however, for the week the currency depreciated against the U.S. Dollar amid as persistent dollar purchases from state-run banks, likely on behalf of the central bank.

The Rupee ended at 74.60 to the dollar compared with 74.65 in the previous session. For the week, the rupee depreciated by 0.5%.

The U.S Dollar Index is trading weak this Friday afternoon trade, while most of the Asian currencies were stronger against the U.S. Dollar and lent support this Friday.

However, risk appetite waned as a gloomy global economic outlook dampened sentiment due to rising COVID-19 infections in the U.S. and Europe and kept appreciation bias limited.

The one-year forward premium was at 3.06 rupees, against 3.04 rupees in the previous session.

Indian financial markets are closed on November 16 for a local holiday.

Technically, USDINR Spot pair ended near 200-DMA at 74.53 levels, while 74.75 remained a hurdle. However above 74.35 indicating for sideways to marginal upside momentum. Resistance is at 74.75-74.88 & Support is at 74.35-73.20 levels.

USDINR Spot is expected to trade in a range of 74.25-74.80 levels.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Nifty ends below 15000 amid volatile swings : Angel Broking

Rupee - March 5, 2021 - Reliance Securities

Daily Market Commentary - March 5, 2021 - Bonanza Portfolio

Daily Markets - March 5, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Post Market views - March 5, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Daily Markets - March 4, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Weak global cues jolts our markets, but midcaps outperform : Angel Broking

Daily Market Commentary - March 4, 2021 - Bonanza Portfolio

Rupee - March 4, 2021 - Reliance Securities

Post Market views - March 4, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - March 4, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Outstanding performance by the bulls; Nifty ends around 15250: Angel Broking

Daily Markets - March 3, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Rupee - March 3, 2021 - Reliance Securities

Daily Market Commentary - March 3, 2021 - Bonanza Portfolio

Post Market views - March 3, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - March 3, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Technical View - March 2, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Nifty extends its bounce back, reclaims 14900: Angel Broking

Rupee - March 2, 2021 - Reliance Securities

Daily Market Commentary - March 2, 2021 - Bonanza Portfolio

Daily Markets - March 2, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Post Market views - March 2, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Strong global cues helps Nifty reclaiming 14750: Angel Broking

Rupee - March 1, 2021 - Reliance Securities

Daily Market Commentary - March 1, 2021 - Bonanza Portfolio

Post Market views - March 1, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Daily Markets - March 1, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Nifty back to 14500, financials leading the fall : Angel Broking

Rupee - Feb 26, 2021 - Reliance Securities

Daily Markets - Feb 26, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - Feb 26, 2021 - Bonanza Portfolio

Post Market views - Feb 26, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - Feb 26, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Monthly expiry ends tad below 15100 : Angel Broking

Rupee - Feb 25, 2021 - Reliance Securities

Daily Market Commentary - Feb 25, 2021 - Bonanza Portfolio

Daily Markets - Feb 25, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Post Market views - Feb 25, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Daily Markets - Feb 24, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Nifty reclaims 15000 surprisingly despite a truncated day : Angel Broking

Technical View - Feb 24, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rupee - Feb 24, 2021 - Reliance Securities

Post Market views - Feb 24, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - Feb 23, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Mandar Pitale, Head - Treasury, SBM Bank India's view on uniform pricing for bonds

Nifty reclaims 14700 but financials sulking a bit : Angel Broking

Rupee - Feb 23, 2021 - Reliance Securities

Daily Markets - Feb 23, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - Feb 23, 2021 - Bonanza Portfolio



Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020