Key Points
When markets resume trading on Monday, a host of important domestic and global events lined-up during the holiday-truncated week are likely to impact them...
According to reports, the US Federal Reserve will leave its benchmark overnight interest rate unchanged," Pravesh Gour, Senior Technical Analyst at Swastika Investmart said.. Factors that are likely to impact movement when markets reopen this week:..
"Indian rupee is expected to be in range of 82.70 to 83.00 next week as inflows continue while RBI and importers lap up the dollars to hedge near term payables while RBI protects any major appreciation to help exporters," Anil Kumar Bhansali, Head of Treasury and Executive Director at Finrex Treasury Advisors LLP said.. 4) Corporate Action..
In Nifty, on the daily charts, the prices managed to hold on to the support zone of 21,90021,860, Arvinder Singh Nanda, Senior Vice President, of Master Capital Services said as he sees the broader index to likely face hurdle at 22,250-22,350 in the coming sessions, with support at 21900-21800..
Indian government bond yields inched higher to wrap up the week, which also witnessed the first upward move after four consecutive weeks of fall, mirroring a momentum in Treasury yields, though with a lower magnitude, Reuters reported..
