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CURRENCY CONTRACT S2 S1 LTP R1 R2 TREND USDINR December 61.8000 62.0700 62.3150 62.6000 62.8500 Sideways EURINR December 84.8000 85.0500 85.2600 85.6500 85.8000 Sideways GBPINR December 101.4200 101.8400 102.0300 102.4700 102.8400 Sideways to Bearish JPYINR December 59.3000 59.7300 59.9025...

MARKET OVERVIEW Rupee gained 0.81 percent against the dollar on Monday and closed at 61.86 in futures. The spot rate is currently at 61.73. FIIs sold securities worth Rs. 820.17 crores in the Indian equity markets in the cash and derivatives segment on Monday. Dollar index is currently trading...

MARKET SUMMARY: The Indian equity benchmark index nifty continues its losing streak for fifth consecutive session as weak China’s PMI data and accelerated WPI data supported the current weakness. The day was started on flat not and nifty remain range bound for entire trading session in range of...

MARKET OVERVIEW Rupee depreciated against its trading partners in the past week due to fears of QE taper as early as Fed’s monetary policy meeting this week resurfaced. Also, over the week mixed economic data from USA added to the uncertainty and speculation over Fed’s next move. Domestically...

MARKET SUMMARY: The Indian equity benchmark index nifty continues its losing streak for fourth consecutive day as weak IIP data and accelerated CPI data pain out. The day was started gap down due to weak data and weakness continued for the entire day on the back of selling by FII after a long...