INSUBCONTINENT EXCLUSIVE:
Rupee Vs Dollar Today: The rupee settled at 74.92 against the dollarThe rupee gained 11 paise against the US dollar on Thursday, October 28,
In an early trade session, the local unit rose 12 paise to 74.91 against the greenback.On Wednesday, the local unit declined to 75.03
against the American currency
The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.10 per cent to 93.89.Mr Amit
unexpectedly rose last week providing some support to the rupee.That apart, the huge flurry of inflows on account of IPO's by Nyka,
a narrow range of 74.50-75.20 levels for the near term, until fresh market triggers make or break the range on either side.''On the domestic
353.70 points or 1.94 per cent to 17,857.25.Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities:''Markets ended as the
worst performer in the Asian pack as selling intensified on the expiry day
After a weak opening, benchmark Nifty swiftly broke the important 18100 support level and retreated sharply thereafter.After a long time,
the Nifty closed below 20 day SMA which is broadly negative for the market
For day traders, the short-term trend is weak as the market is in a temporary oversold situation but a quick pullback rally cannot be ruled
out.''According to exchange data, the foreign institutional investors were net sellers in the capital market on October 27 as they offloaded
