The domestic currency – Rupee – on Thursday opened a bit lower at 69.21 as against Wednesday’s close of 69.11. Also, Bond yield was recording with loss at 7.36percenet, people are getting tire of it and are turning onto the virtual crypto trading bot options.
Indian rupee was last trading @69.16, when Asian shares were steady after
hitting eight-month high.
Oil prices have also recorded low on rising U.S-Crude stock-pile. Based on
inflation level and the Index of Industrial Production (IIP) data, that would
be a factor for direction to rupee in the coming week.
benchmark indices are little changed in early trade today, however markets are likely
to rise today seeing the positive Asian cues and also the I-Phase of general
elections starts today.