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USDINR THURSDAY OUTLOOK:- RUPEE STABLE LIKELY TO REVERSE!!

USDINR


On Thursday, October 14, 2021, We expect USDINR to commence the session with a mild subdued between 75.25 – 75.35 level as greenback corrected from its one-year high on Wednesday as longer-dated Treasury yields dipped after U.S. inflation data showed prices rose solidly last month.

  • Indian shares settled at all-time highs on Wednesday, with easing domestic inflation and the recommendation of an emergency nod for a COVID-19 vaccine for kids aiding sentiment.

  • The NSE Nifty 50 index ended up 0.94% at 18,161.75, and the benchmark S&P BSE Sensex closed up 0.75% at 60,737.05. Both the indexes have risen for five straight sessions.

Day Trend: - Seems Trend about to chang (BUY to SELL)


INTRADAY RANGE – 75.81(75.49-75.18)74.86

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