Dec 15 2017

Rupee edges higher as Modi’s BJP seen winnig Gujrat polls

Financial Market Overview 15th December, 2017 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee edge higher against the dollar, after exit polls showed Prime Minister Narendra Modi’s Bharatiya Janata Party winning Gujarat and Himachal Pradesh state elections, boosting investor sentiment. Pair USDINR now at 64.15 agaisnt 64.34 prevoius close. Three different television exit

Dec 14 2017

Rupee off highs on suspected RBI bids; India’s WPI inflation hits 8-month high

Financial Market Overview 14th December, 2017 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- The Indian rupee came off the day’s highs against the dollar, as the nation’s central bank likely stepped in to curb the currency’s ascent triggered by the U.S. Federal Reserve suggesting that rates would rise only gradually in the world’s largest

Dec 14 2017

Rupee higher as Fed leaves rates outlook unchanged

Financial Market Overview 14th December, 2017 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee edged higher against the dollar, after the U.S. Federal Reserve hiked interest rates as expected, but stuck to its projection for three increases next year amid subdued inflation in the world’s largest economy. Pair USDINR now at  64.27 against.

Dec 13 2017

Rupee off lows on Dollar sales; Fed outcome in focus

Financial Market Overview 13th December, 2017 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee came off the day’s lows, as foreign banks sold the greenback, helping the currency recover some losses triggered by retail inflation quickening to a 15-month high and bets of a near-certain rate increase in the U.S. later today.. The

Dec 13 2017

Rupee opened lower as nation’s CPI inflation jumped to 15-month high and Industrial output growth slows down

Financial Market Overview 13th December, 2017 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee edge lower against the dollar, as the nation’s retail inflation jumped to a 15-month high last month, while industrial output grew at its slowest pace in three months in October. An upbeat U.S. wholesale price data reinforced expectations of

Dec 12 2017

Rupee stays lower as Oil price spikes; Fed meet in focus

Financial Market Overview 12th December, 2017 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee remained lower against the dollar in afternoon trading, as a surge in global crude oil prices raised inflation concerns, hurting demand for domestic assets. Investors were also cautious ahead of a near-certain rate increase by the U.S. Federal Reserve