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."
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