Election 2014


Apr 23, 2014 at 12:31 | Source: CNBC-TV18
Jayesh Mehta, MD and country treasurer, Bank of America says though it doesn't look like it at the moment, but if the poll outcome is not in sync with what the equity market is expecting, then it may be very bad for the rupee and it may head to 65 plus per dollar.
Apr 23, 2014 at 12:25 | Source: CNBC-TV18
Aaron Smith believes the rupee may strengthen post election euphoria but is likely to weaken from a medium to long-term perspective
Apr 23, 2014 at 12:07 | Source: Moneycontrol.com
Sushil Finance has come out with its report on currency. According to the research firm, Indian Rupee is expected to trade on negative note on the back of mixed global market sentiments coupled with weak economic data from the country.
Apr 23, 2014 at 11:00 | Source: Moneycontrol.com
HDFC, NTPC, Hindalco, Tata Motors and Sesa Sterlite are among the laggards. Sun Pharma, BHEL, Axis Bank, L&T and ONGC are gainers in the Sensex.
Apr 23, 2014 at 10:47 | Source: PTI
Forex dealers said increased demand for the US currency from importers continued to put pressure on the rupee but a higher opening in the domestic stock market and the dollar's weakness against other currencies overseas limited the fall.
Apr 23, 2014 at 10:23 | Source: CNBC
The five currenciesthe Brazilian real, Indian rupee, Turkish lira, Indonesian rupiah, and South African randare among the top-performing currencies since the end of February and are the best way to play lower volatility in currency markets this year, analysts have said.
Apr 23, 2014 at 09:47 | Source: Reuters
The partially convertible rupee was trading at 61.01/02 per dollar by 9:23 a.m., after hitting as much as 61.03, its lowest since March 21.
Apr 23, 2014 at 09:35 | Source: CNBC-TV18
The rupee is currently breached 61 against the dollar and is trading at a one-month low.
Apr 23, 2014 at 09:14 | Source: Moneycontrol.com
M&M, Wipro, GAIL, L&T and BHEL are top gainers in the Sensex. Among the losers are ICICI Bank, Hero MotoCorp, NTPC, HUL and HDFC Bank.
Apr 23, 2014 at 09:14 | Source: Moneycontrol.com
Rupee is expected to trade weak due to uncertainty over election outcome and again the month-end dollar demand will help dollar to trade strong, says Pramit Brahmbhatt of Veracity India.
Messages on Rupee »


Platinum Member


Rel Capital  

My Second target 370 also breached :) touched low of 369 odd rupees :) consider this call closed... cheers :)

11.51 PM Apr 23rd


Platinum Member



Why is Arvind Kejriwal set to become TIME`s most influential man in the world? That would depend upon who voted for him. I presume his supporters were expatriate Indians mainly. They have a vested interest in rupee falling so that they can get more for their dollars!

10.48 PM Apr 23rd


Platinum Member


Kingfisher Air  

it will never fall below 2 rupees , those who want to buy at that level is only a drream ....so guys pack the bag and buy now only...else never...

10.24 PM Apr 23rd


Platinum Member


Rei Agro  

ok...when u settle...have correspondence with zero for trading and dp...and link a local rupee(india) bank account with them thro neft for funds trf. if nothing works operate thro a relative in india....one of my friends in norway is doing that....gn.

10.15 PM Apr 23rd


Gold Member


Market Strategy - Day Trading  

thought/plan: Just on May 14th/15th i.e. just before one or two days of election results we can think of buying both ends say 5800/6000 puts and 7600/7800 calls at very low prices(say less than 2/3 rupees) for bumper profits on one side(say 20/30 rupees) if Nifty touches/ comes nearer to any one end

10.12 PM Apr 23rd


Platinum Member


Indian indices  

one had to c if dere vl be any big movement on may 16 r 19...after results...cms modi is in full swing...n little chance 4 any disappointment...better not touch nifty options...n gud to try stock options...some stocks might react well depending on results...n rupee movement key after results

9.14 PM Apr 23rd


Silver Member



Market might discount this news as sales revenue is less than 3%. Rupee depreciation is good for Pharma companies . stock might range between 625 to 670 levels on friday

8.45 PM Apr 23rd


Gold Member


Tech Mahindra  

Technology (IT). It is not because Modi or BJP is considered anti-IT. What is unnerving investors is the recent commentary by various analysts that paints a stronger outlook for the rupee against the dollar if the BJP forms the next government. Further strength in the rupee is not good news

8.41 PM Apr 23rd


Platinum Member



as equity expiry over election game will over and rupee will again climb to 62...63.... so the game....

8.36 PM Apr 23rd


Platinum Member



rupee depreciated causing rise ?

8.30 PM Apr 23rd

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Apr 23, 2014 at 18:11 | Source: Economic Times
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