Pramit Brahmbhatt, Veracity said, "Local equity market is
likely to trade sideways today and will take cues from global
markets for further directions. Month-end Dollar demand
from oil importers may force Rupee to depreciate. At
present, mixed global sentiments have dented the global
equity market and has forced it to trade weak. Rupee range
for the day is seen between Rs 62.20-63.20/USD."
likely to trade sideways today and will take cues from global
markets for further directions. Month-end Dollar demand
from oil importers may force Rupee to depreciate. At
present, mixed global sentiments have dented the global
equity market and has forced it to trade weak. Rupee range
for the day is seen between Rs 62.20-63.20/USD."
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