Tag Archives: Dollar

INR hits 57, Reason for Rupee Weakness

By | June 6, 2013 11:14 am

Rupee breached the sacrosanct 57 mark in today’s trade which was last seen on 28 June 2012 plunged almost 5% for the month of May. Rupee is very near to its all time low of 57.32 Reason for Rupee Hitting 52 Week Low 1.Dollar trading at 3 year High As discussed US Dollar at 3-Year… Read More »

FII F&O Analysis before RBI March 2013 Policy

By | March 18, 2013 7:30 pm

  1. FIIs sold 23908  Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 699 cores with net Open Interest increasing by 16992 contracts. Financial Markets around the world, were rocked by Cyprus bailout, Read more about What is Cyprus Bailout Crisis 2. As CNX Nifty Future was down by 45 points,… Read More »