USDINR
Happy Monday, December 06, 2021 , We are expecting USDINR commence session with firm note between 75.15 – 75.25 levels as greenback likely to start weekly session with gap up on weaker NFPR and stronger unemployment data as well as fear of Omicron.
India's tally of reported cases of the heavily mutated Omicron variant of the coronavirus rose to 12 on Sunday after the state of Maharashtra said it had detected seven new cases.
India's repeal of agriculture laws aimed at deregulating produce markets will starve its vast farm sector of much-needed private investment and saddle the government with budget-sapping subsidies for years.
Indian indices ended lower on Friday, dragged down by most major sector indexes and heavyweights Reliance and Kotak Mahindra Bank, while concerns around two cases of the Omicron coronavirus variant in the country further weighed on sentiment.
Day Trend: - BUY ON DIP
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