The market
changed after Mayawati backed UPA on FDI, NIFTY is currently up by almost 25
points after trading down 50 points at the early Asian trading. The Rupee is strengthening
v/s the US dollar and quoting at 54.27 at the interbank market. Looks the 54
level will be tested or probably it may move to 53.50.
In global
markets, the Euro and GBP is currently down marginally. EURUSD is broadly
strong above 1.30 mark and likely to test 1.33 in the short term
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