Rupee will be stable in the range of 64.30-64.70 for the day, says Ripples Advisory Private Limited.
The Indian Rupee opened marginally higher at 64.50 per Dollar on Thursday against previous close 64.52.
IF YOU ARE A FINANCIAL TRADER SO TAKE YOUR GOLDEN CHANCE TO GET MAXIMUM PROFIT BY INVESTING LESS IN INDIAN STOCK MARKET CLICK HERE AND SUBSCRIBE US FREE- HURRY UP OFFERS ARE LIMITED TO GRAB OUR FREE TRIALS >> GET FREE STOCK CASH TIPS | CALL ON 9644405056
Ajay Manglunia of Edelweiss said, “Do not expect any RBI action for a while. Clarity expected only after December w.r.t additional borrowing. Rupee will be stable in the range of 64.30-64.70 for the day.”
“Bond market was relieved in absence of a hawkish stance by RBI. Yields on G-Sec likely to be in the range of 7-7.07 percent,” he added.
The Dollar edged higher against a basket of major currencies on optimism about progress on US tax legislation and lawmakers’ efforts to avert a US government shutdown on Saturday.
For FREE Trading Trials – (+91) 9644405056
Or mail us here: email@example.com
Visit us at http://www.ripplesadvisory.com
✆ – 0731-2427007 | Customer Care Services