USDINR opened weaker with 0.5350 pips weaker @ 71.33/34 against Friday ended at 70.8050/8150 levels. USDINR plunge on domestic as well as global events. On domestic news ,Surveys broadcast at the end of voting for five state assemblies showed the ruling Hindu nationalist Bharatiya Janata Party (BJP) trailing behind the rival Congress party in some areas.
INTRADAY RANGE - 70.55 (70.83 - 71.27) 71.60
The actual votes will be counted on Tuesday, and exit polls have been wrong in the past, partly because of the sheer scale of Indian elections involving millions of votes.
On Global side Oil prices rose on Monday, extending gains from Friday when producer club OPEC and some non-affiliated producers agreed a supply cut of 1.2 million barrels per day (bpd) from January. International Brent crude oil futures were at $62.21 per barrel at 0218 GMT, up 54 cents, or 0.9 percent, from their last close.
Σχόλια