USDINR
Happy Monday, USDINR finding some base near 73.80 – 73.90 levels, we are expecting pair commence Monday session between 74.15 – 74.25 levels as greenback clung to a late-week bounce on early Asian session as investors braced for January's U.S. Federal Reserve meeting and raised bets it will chart a year ahead holding several rate hikes, while China surprised analysts with a benchmark cut.
Bank of Japan policy meeting which concludes on Tuesday, British inflation data on Wednesday and Australian jobs figures on Thursday are also in view as traders gauge the global policy outlook.
India's proposed trade pact with Britain could help double bilateral trade by 2030, a government statement, after talks between the trade ministers of the two countries.
Life Insurance Corporation, India's largest insurer, could publish key details of its mammoth initial public offering this month and begin issuing public shares by the middle of March 2022, as per government and banking officials.
On Sunday, The federal health ministry said, India reported 271,202 new cases of the novel coronavirus in the last 24 hours, its highest daily count in eight months, taking its total tally to 37.12 million.
Day Trend: - BUY ON DIP
INTRADAY RANGE – 74.40(74.24 – 74.08)73.92
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