USDINR
On Tuesday, The Rupee enjoying rally against greenback ahead of PAYTM ipo, we are expecting USDINR commences between 73.95 – 74.05 levels as greenback dipped after hitting 15-month highs on Friday following strong U.S. jobs data while investors digested the report, looked ahead to inflation data and monitored commentary from Federal Reserve officials for rate policy clues.
Indian indices ended higher on Monday, led by financial and energy stocks, while Pfizer Inc's local arm jumped on positive data for its parent firm's experimental pill against COVID-19.
Shares of IndusInd Bank slid as much as 11.45% on Monday after a report said whistleblowers had alleged loan evergreening at the private sector lender's micro finance arm.
In India At least 89 people, including 17 children, have tested positive for the Zika virus in a surge of cases in the Indian city of Kanpur, its health department said.
Day Trend: - UPSIDE SELL
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