-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
The Indian rupee could open weak at around 75.90/95 against the dollar as a robust U.S. jobs report underpinned bets that the Federal Reserve will raise rates aggressively but lower crude prices could cap the depreciation bias, said Reliance Securities in an emailed statement to BloombergQuint.
Asian and emerging market peers were mixed this morning but could track the dollar may hence lead to a depreciation at open for the Indian currency, it said.
The Indian rupee ended 0.16% higher than previous close at 75.79 against the dollar as crude prices fell.
Crude has dropped to $103 a barrel from $113 as rising coronavirus cases in China hint toward lower demand, along with U.S. President ordering an unprecedented release of strategic reserves to temper down rampant prices.
The Indian equity market logged the second best week in nearly seven months at close on Friday.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
