Sensex 28386.19 48.14 0.17%
Nifty 8475.75 12.65 0.15%
Dollar/rupee opened at 15-week lowMonday on higher risk appetite after robust economic data from US as jobs scenario improved and manufacturing rose to 9-month highand China's non-manufacturing PMI rose to four-month high indicating a revival in growth in world's top two economies
Dollar/rupee may fall to four-month low this week amid expectations of higher overseas inflows ahead of the government's stake sale in NTPC Ltd. this month and on view euro could test its 16-month high
Dollar/rupee rebounded in evening trades Monday on demand for dollars from oil importers at lower levels and tracking fall in euro.
Euro/dollar snapped four-day gainsMonday on political uncertainty in Spain as Spanish Prime Minister Mariano Rajoy faces corruption allegations and after unemployment in Spain rose
Euro/dollar also fell on comments by German finance minister reminding that euro-zone crisis is far from over which dampened investor sentiments and forced them to book profits after reaching 15-month high.
|RBI Reference rates|
|Forex||Rate(INR)||Pr Close||% Chg|
|Close||Pr Close||% Chg|
|Call rates (%)||7.75|
|Forex reserves (US$bn)||295.75|
USD-INR SPOT RATE
Prices have support at 52.85 and resistance at 53.50
NSE USD-INR FUTURE
Prices have support at 53 and resistance at 53.70
EUR-USD (1.3492): Prices have support at 1.3430 and resistance at 1.3530.
US Dollar Index (79.64): Prices have support at 79 and resistance level at 80.20.
INR Currency Future view
EUR-INR (Close: 71.89): Prices have support at 71.60 and resistance at 72.30.
GBP-INR (Close: 83.87): Prices have support at 83 and resistance at 84.20.
JPY-INR (Close: 57.64): Prices have support at 57 and resistance at 58.
|Date||Country / Currency||Event||IST||Actual||Cons.||Previous|
|4-Feb||EUR||Spanish Unemployment Change||1:30pm||132.1K||150.0K||-59.1K|
|EUR||Sentix Investor Confidence||3:00pm||-3.9||-2.2||-7.0|
|USD||Factory Orders m/m||8:30pm||1.8%||2.3%||0.0%|
|5-Feb||EUR||Retail Sales m/m||3:30pm||-0.5%||0.1%|
India Infoline News Service / 08:59, Sep 15, 2014
Many a times parents overlook other goals as they are too busy focusing on just one goal, that is on their child's education. They are too emotionally involved in achieving this particular goal that they forget planning for their retirement and saving for other emergencies.