Stanchart Bank

Any dips towards Rs 66.75/USD should lead to importers buying Dollar to hedge their future dollar payables, says Agam Gupta of StanChart Bank.

Expect rupee to open at 65.25-65.30/dollar: Agam Gupta

The dollar will open lower than the close of 65.51 due to the extremely weak US jobs data. We expect a range of 65.10-65.50/dollar for the day, says Agam Gupta of StanChart Bank.

Expect USD-INR to open around 65.85/USD: Agam Gupta

We expect dollar demand to come in from importers on dips to 65.55-65.60/USD, says Agam Gupta, StanChart Bank.

USD-INR to open higher near 66.60-66.65/dollar: Agam Gupta

The USD-INR currency pair will continue to get influenced by global forex and equity moves. We expect to see exporters hedging their USD receivables on upticks towards 66.80/dollar, says Agam Gupta of StanChart Bank.

Expect USD-INR to open at 66.25-66.30/USD: Agam Gupta

We will keep an eye on supply of USD from local government banks but the move in global markets will remain key for the pair at the moment, says Agam Gupta, StanChart Bank.

Expect USD-INR to open at 65.10/USD: Agam Gupta

Market players will look to buy USD to reduce their short dollar positions on any dip to Rs 64.85-64.90/USD zone, says Agam Gupta, StanChart Bank.

See 10-yr bond yield to trade in 7.80-7.85% range: Narayan

Auction supply will weigh on the market tomorrow, says Ananth Narayan, StanChart Bank.

Predicting Rajan: Read guidance to avoid getting stumped

Though this rate hike has not come as a complete surprise, but it is difficult to understand what is going through RBI‘s mind in terms of inflationary process, feels Samiran Chakraborty, Hd-Research, StanChart Bank.

Rupee may hit 62/$ if Q2 GDP above 5%: StanChart Bank

Industry body Assocham has pegged the country's growth at 5.4 percent for the July-September quarter on improved agricultural output.

Dollar to remain weak against EM currencies: StanChart

Agam Gupta of StanChart Bank said, funds that would flow through this route would be stickier and any announcement on the same is likely in next few weeks or months.

Rupee may test 57 ahead, but won't sustain there: StanChart

Strengthening dollar has pulled the Indian currency to nine- month low of 56.18/USD. The rupee may see 57/USD in few weeks but will pullback to 55.50, says Agam Gupta.

S&P statement may not impact mkt negatively: StanChart Bank

A Rajagopal, StanChart Bank says S&P‘s statement may not have a serious negative impact on the market.

See more rate hikes in Oct and ahead: Samiran Chakrabarty

Samiran Chakrabarty, Head - Research, StanChart Bank speaking to CNBC-TV18 in the wake of 25 bps rate hike by RBI said, this policy seems to have no tolerance for inflation at all. However, growth slowdown has been given more tolerance than anticipated due to uncertain global developments.

10-year yield seen between 8- 8.08%: Ananth Narayan

Bonds may be under pressure today. The RBI's anti-inflationary stance expects bond yields to move up in the medium-term. We may see strong demand for today's 12000 cr auction. The 10-year yield is seen between 8- 8.08%, says Ananth Narayan, StanChart Bank.

10-year yield seen between 8.15- 8.30%: Narayan

The bond market will be watching out for the Credit Policy today. We believe that given the real rates are already very high, a 25 bps increase in repo and reverse repo should suffice, says Ananth Narayan, StanChart Bank.