Already a member Login
USDINR opened at 60.51 against its previous day close at 60.67.
The Nifty rises as much as 0.43 percent to a record high of 7,924.90, marking its fourth record high this week,Sensex is up over 100 points.
The Purchasing Managers' Index for Germany was 54.9 for August, well above the 50 mark that separates economic expansion from contraction, reassuring investors about Europe's biggest economy.
Gold held near a two-month low and was headed for its worst week in five, hurt by strong U.S. economic data and fears that the Federal Reserve could hike interest rates sooner than expected.
Geopolitical tensions in Ukraine and the Middle East were also being watched for any escalation in violence that could prompt safe-haven bids for gold.
The focus would be on Janet Yellen’s speech, in which investors will look for any fresh signals about the timing of U.S. interest rate increases.
Asian shares neared a six-and-half-year peak and was poised for a weekly gain, after upbeat U.S. economic data sparked another record.
The RBI is eyeing to limit stock market volatility.
Modi gets help from Cooling Crude Oil Prices
Thank You for signing up with eforexindia.com.
Check your email to receive your confirmation link.
Please contact 011-23352927/28/29/30 or direct line 9971660910 for subscription details.
You may also drop a mail at firstname.lastname@example.org
2000-2014 © eforexindia.com Private Limited | Powered by: