USDINR
On Tuesday, USDINR is most likely to commence between 73.35 – 73.45 levels as greenback hovered near two-week lows with trade seen driven by month-end flows as investors looked ahead to U.S. jobs figures later in the week. On the last trading (Monday) session Rupee was the most favourable currency in Asian peers, the trading range was 73.55 – 73.20. Domestic Unit enjoying heavy Foreign Inflows.
Indian shares hit record highs on Monday, boosted by automobile and metals' stocks.
India's economy likely rebounded in the April-June quarter from a deep slump last year helped by improved manufacturing and in spite of a devastating second wave of COVID-19 cases.
Day Trend: - UPSIDE SELL.
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