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The Indian rupee ended weaker at 67. 16 against dollar from its previous close of 67. 12, as oil related dollar bids overshadowed gains tracking lower crude oil prices and a weak greenback, MPC meeting eyed. INR: The Indian rupee opened higher at 67.
10 against US dollar ahead of RBI monetary policy meeting and dollar index also slips further. GLOBAL DEVELOPMENTS:Asian stocks edged up on Wednesday after tech sector strength lifted Wall Street shares, while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U. Treasury yields down from recent highs. The Nasdaq closed at a record high for the second day in a row on Tuesday with help from the technology and consumer discretionary sectors amid an upbeat outlook for the U. Continuous foreign fund flows, Domestic Political Stability and USD weakness. Note: This information is given only for guidance purpose without any obligation on the part of TMB or any of its officials. Any person dealing on the basis of the said information does so at his own risks and no objection arises to TMB or any of its officials.