Crude and USDINR are sturdy and it may be a priority for the Indian fairness market within the coming few weeks. Picture: Reuters By Vishal Wagh Hovering crude costs and strengthening USDINR might turn out to be hurdles in additional progress for the Indian market. Main indices have closed with a bearish connotation. Nifty and
Rupee vs us dollar
Till the time rupee doesn’t break the 73.50 to 73.70 zone, the view remains bullish By Amit Pabari While flipping a coin in the sky, your expectation built up strongly in favour of either ‘Head’ or ‘Tail’. And if the outcome goes in your favour then definitely for the next time you build up more
Apart from RBI’s activeness more in bond and now less in FX, other economic and political events could drive momentum in Rupee By Amit Pabari When expectation doesn’t meet reality then the market reacts unexpectedly. The same happened this week when RBI came up against the market’s hawkish tone expectation as given below. Related News