INSUBCONTINENT EXCLUSIVE:
strength against a basket of six currencies, was trading 0.22 per cent higher at 92.23.Anindya Banerjee, DVP, Currency Derivatives -
Interest Rate Derivatives at Kotak Securities:''The spot rupee jumped 30 paise higher at 73.40 against the greenback probably on the back of
A strong US Dollar Index is also aiding the weakness in the rupee
However, the upside remains capped thanks to exporter selling and FPI inflows
the domestic front, USD/INR September opened on a flat note and was moving in a marginally sideways to Bullish trend
prices are respecting 73.10-73.08 support zone as we have discussed many times in earlier sessions
This is because 73.00 is a major psychological level and prices will not breach this zone until and unless there is some major news in the
global markets.''On the domestic equity market front, the BSE Sensex ended 17.43 points or 0.03 per cent lower at 58,279.48, while the
broader NSE Nifty declined 15.70 points or 0.09 per cent to 17,362.10.Ashis Biswas, Head of Technical Research at CapitalVia Global Research
The momentum indicators like RSI and MACD to stay positive and market breadth to improve, further strengthening a short-term bullish
outlook.''According to exchange, data, the foreign institutional investors were net sellers in the capital market on September 6 as they
