Rbi Measures

RBI measures to prevent sharp fall in rupee: Sushil Finance

Accoriding to Sushil Finance, sharp fall in the currency may be prevented or even reversal may be seen due to strong fund inflows and RBI measures to prevent sharp depreciation in Indian Rupee.

Accumulate HDFC Bank; target Rs 685: Dolat Capital

Dolat Capital is bullish on HDFC Bank and has recommended 'Accumulate' rating on the stock with a target price of Rs 685 in its October 15, 2013 research report.

Emkay positive on HDFC, LIC Housing; hold M&M Fin Serv

Emkay Global Financial Services has come out with its report on banking & financial services sector. The research firm has retained its positive view on Housing Development Finance Corporation (HDFC) and LIC Housing Finance. However, advised to hold Mahindra & Mahindra Financial Services (MMFS).

Buy Indian rupee on decline, advises Sushil Finance

Accoriding to Sushil Finance, Indian rupee is expected to trade on negative note on the back of rise in risk aversion in the global markets coupled with strength in DX. One can buy USDINR October on dips, it has resistance at 62.75/62.95.

Expect Indian rupee to trade on mixed note: Sushil Finance

According to Sushil Finance, Indian rupee is expected to trade on mixed note as the weakness in DX, RBI measures to attract more inflows and foreign fund flows may support currency to gain strength.

Rupee may settle at 64 by Dec'13: Nirmal Bang

The USDINR pair is moving gradually towards its fair value and we see USDINR in a band of 60.50-63.50 in the short-term. However, it would be difficult for the pair to trade sub 60 in the absence of any significant domestic policy reforms. See the USDINR ending the December quarter at 64.00 handle against the US dollar, says Nirmal Bang.

Rupee may trade negative on weak economic data: Sushil Fin

Sushil Finance has come out with its report on Indian Rupee. "expect Indian Rupee to trade on negative note on the back of weak economic data from the country. Further, concerns over country‘ economic health, along with worries over possible US federal debt default may act as an undesirable factors for the Indian Rupee," says the research firm.

RBI measures may prevent sharp fall in rupee: Sushil Fin

Sushil Finance has come out with its report on Indian Rupee. "Ease in geopolitical tensions and RBI measures to attract more inflows may prevent sharp fall in the Indian Rupee or even reversal may be seen," says the research firm.

RBI doing its bit; don't see reversal of FII flows: Ambit

Ambit Capital feels that the RBI measures indicate that the market is reacting negatively owing to the volatility. He also feels that the central bank is doing its bit for controlling inflation.

RBI measures may support rupee to gain strength: Sushil Fin

Sushil Finance has come out with its report on Indian Rupee. According to the research firm, rupee is expected to trade on positive note on the back of weakness in DX. Further, RBI measures to attract more inflows may support currency to gain strength, says report.

Expect Indian rupee to trade on mixed note: Sushil Finance

Sushil Finance has come out with its report on Indian Rupee. According to the research firm, rupee is expected to trade on mixed note on the back of mixed global market sentiments coupled with strength in DX.

USDINR Sep future has resistance at 68.4: Sushil Finance

Sushil Finance has come out with its report on Indian Rupee. According to the research firm, USDINR September future has resistance at 68.4/68.8 and support at 66.5/66.9

Stay defensives in near term for banking space: Angel

Angel Broking has a cautious stance on the banking sector and recommend to stay with the defensives in the near term. "After the recent correction in prices, HDFC Bank becomes a buy for us. We like ICICI Bank and Axis Bank," says the research firm.

Bank stocks surrender early gains as rupee falls to new low

Yes Bank, which jumped 17 per cent during the day to touch an intra-day high of Rs 284.40, settled with gains of just 5.27 per cent at Rs 255.55 on the BSE.