On Tuesday - Rupee seems commence opening trade with weaker note as greenback advance , INDO - CHINA border tension as well as KV Kamath committee has selected 26 sectors which will require restructuring based on its analyses of financial parameters hit due to the economic crash caused by the COVID-19 pandemic. Yesterday, USDINR finding some support on lower levels 75.03/04 despite absent of central bank aggressive stance, Day trading range was 73.03 - 73.45 before finished at 73.34/35 levels.
INTRADAY RANGE - 72.75 ( 73.13 - 73.65 ) 73.92
GLOBAL HIGHLIGHTS
The British pound , meanwhile, was the overnight laggard - shedding 0.8% on the dollar - amid a fresh crisis in EU-UK trade negotiations.
A Financial Times report suggesting Britain might legislate to override its Brexit withdrawal agreement prompted the EU to warn there would be no deal if that happened, raising the prospect - again - of a hard Brexit.
European Central Bank's policy decision on Thursday.
Most analysts don't expect a change in the bank's policy stance but are looking to the message on its inflation forecasts and whether it seems concerned by the euro's strength.
Oil testing two month support Oil is hovering around technical support, having pushed against these levels on the opening day of the week.
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