Posts tagged exchange rate
Indian Economy – Annual Review and Analysis
“Hello readers…warm wishes for the year ahead on behlaf of MoneyBol team. My apologies for delayed posting of the monthly update. To make amends I have also updated the yearly review. Hope these are useful and informative for you.” – Praveen Bajaj,
Equity- BSE Sensex
Stocks started the month with a 200+ points gain More >
Fortnightly Market Update
As the holiday season sets in markets seem to be mostly listless with a slight bullish bias for the USD. The dollar is at its year high. However, while the bullish dollar has had a strong impact on almost all the majors with Euro shedding around 400 pips and currently More >
Currency Outlook – Fortnightly Currency Review November
Standing on the fence, waiting for clear signals
Markets remained in consolidation mode for major part of November. The Sensex and the Nifty are hovering around the October 2009 levels. We expect the sentiment to continue well into the closing year. While every good US data is now being viewed as More >
USD/INR Downside Prevails
The week saw consolidation across the board with all equity markets rebounding from the selling momentum of last week. The Sensex rebounded around 700 points. Similarly all major indices have risen defying the fact that unemployment still is a concern for the US. The Euro broke the 1.5000 mark during More >
USD-INR Choppy and Uncertain
Markets continue to be volatile on the back of mixed trade signals both from the external and domestic economy. While the longer term outlook of India’s growth story and an appreciating Indian rupee remain intact, markets are probably taking a breather before resuming the ongoing trend.
Over the past month the More >