14 January 2014

KEYS TO TRADE IN NIFTY FOR 14/01/2014

RUPEE V/S DOLLAR
On Monday in equity market, the rupee firmed up by 36 paisa to 61.54 against the US dollar in late morning deals on fresh selling of the American currency by banks and exporters, triggered by weakness in the greenback overseas. 
The rupee resumed higher at 61.52 per dollar as against the last weekend's level of 61.90 at the Inter-bank Foreign Exchange market, and hovered in a range of 61.52-61.63 before quoting at 61.54 at 1045 hours.
Bankers and exporters preferred to reduce their dollar position in view of weaker US currency in the overseas market. 
       DOW JONES             16,257                down                              179
        NIKKIE                       15,585               down                             326                   
       HANGSENG               22,840              down                             48









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