INSUBCONTINENT EXCLUSIVE:
Rupee Vs Dollar Today: The rupee settled at 73.12 against the dollarThe rupee gained 26 paise against the US dollar to settle at 73.12
(provisional) on March 31, 2021, ending the fiscal year 2020-21 on a strong note
The local unit gained over three per cent in the financial year 202-21, even amid the COVID-19 lockdown-induced disruptions to the
It witnessed a low of 73.58
currency, recording a rise of 26 paise over its previous closing
domestic unit posted its first quarterly fall in four on the last day of the financial year 2020-21
It still managed to gain 0.5 per cent against the dollar in March 2021, compared to big falls in other emerging market currencies."Despite a
truncated week, the forex market has been very volatile
The spot breached 73 on the back of uptrend in dollar
The market focus is on Biden's additional stimulus announcement and an additional spending boost will further support the dollar rally
But the best thing to do for now is to follow the trend and let the market tell you where it's going to end
Services.On the domestic equity market front, the BSE Sensex ended 627.43 points or 1.25 per cent lower at 49,509.15, while the broader NSE
The bias was negative and most of the index heavyweight weights shares closed lower
The market width was 1: 1 and therefore the market trend could not be determined
The trading range for tomorrow's market could be 14650/49300 and 14550/49000
Research at Kotak SecuritiesAccording to exchange data, the foreign institutional investors were net buyers in the capital market as they
purchased shares worth Rs 769.47 crore on March 30
