2015 Hyundai Sonata

2015 Hyundai Sonata

Modern maturity for fluidic sculpture design...
Safe assets

Safe assets

The asset disclosures for the 2014 Lok Sabha elections...

Market Eye Week Ahead: Debt/FX investors to parse India's economic data

Comments 0
The Indian rupee is expected to trade in a narrow range of 62.80-63.50 levels to the U.S. dollar (Reuters) The Indian rupee is expected to trade in a narrow range of 62.80-63.50 levels to the U.S. dollar (Reuters)
SummaryThe health of India's economy will come into shape with July-September GDP data

* The health of India's economy will come into shape with July-September GDP data, while fiscal deficit should give further clues about the country's finances ahead of general elections next year.

* Bond traders are also hoping for open market operations of bond purchases by the Reserve Bank of India to cool down yields, after the central bank bought 61.6 billion rupees ($979.27 million) of bonds on Nov. 18.

* The yield on new 10-year benchmark bond, first issued at an auction on Nov. 22, is expected to remain in an 8.70-8.80 percent range.

* The Indian rupee is expected to trade in a narrow range of 62.80-63.50 levels to the U.S. dollar, dealers said.

* Foreign flows will be key for currency markets after foreign institutional investors sold shares worth of 598 million rupees ($9.5 million) on Thursday to snap their 32-day buying streak totalling 238.84 billion rupees.

Sat: Pfizer Ltd and Wyeth Ltd boards meet to discuss merger Mon: Elections to be held in Madhya Pradesh state in central

India Tues: Cairn India Ltd board to meet buyback proposal Wed: India's money supply data Thurs: Expiry of November equity derivatives contracts Fri: July-September GDP data (around 1200 GMT)April-October fiscal deficit

Ads by Google
Reader´s Comments
| Post a Comment
Please Wait while comments are loading...