STOCK MARKET NEWS FOREX

•The euro fell against the dollar and yen on
Wednesday after Italian borrowing costs rose at a
bond auction and with investors looking for more
gains in the U.S. currency if retail sales there showed
a strong reading.
•The yen rose for a second straight day on
Wednesday, trading above a 3-1/2-year low versus
the dollar, helped by a bout of profit taking by
investors who had placed hefty bets against it
recently.
USDINR Intraday Chart (Spot)
Spot USDINR closed at 54.30 Vs previous closing of 54.17, a gain of
13 paise (0.23%), the corresponding march future closed at 54.49.
In today's trade USD have shown good upward movement from
lower level to close near day's high. The spot USDINR closed
almost around 10DMA, the trend is marginally positive. The pivot
now stands at 54.42, traders may initiate long around pivot with
stop at 54.31 and target of 54.55.
S1 S2 R1 R2
54.31 54.14 54.60 54.71
Forex Prices
LTP % Chg.
USD INR (Spot) 54.3063 -0.21
EUR INR 70.5946 -0.12
JPY INR 56.6700 -0.44
GBP INR 87.7638 -0.19
Economic Releases
Events Release Time Forecast Previous
US Unemployment Claims 6.00PM 352K 340K
RBI Reference Rate
USD EUR GBP JPY
54.1100 70.5545 80.8376 56.5300
Market Watch
Indices LTP % Chg.
NIFTY 5851.20 -1.06
SENSEX 19362.55 -1.03
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Comments

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