November 2023

FOREX Dollar Index trades lower on possible cooling off of further rate hikes but continues to trade within 105-107 region while Euro can remain within 1.05-1.07. EURJPY has bounced from 159 but while below 161 there is scope for a fall to 158. USDJPY trades above 150 and has scope to rise slowly back to Read More

FOREX The FED held rates in yesterday’s policy meeting and iterated that they are not thinking or even discussing of any rate reductions now which could suggest that there could be a possibility of rate hikes but with the economy now signaling balance and moderately better performance, we will have to wait and watch. Markets Read More

After Market Data of NSE,BSE and MSEI in Capital Markets For Trade Date 01-Nov-2023 Category Date Buy Value Sell Value Net Value FII/FPI 01-Nov-2023 6,674.26 8,491.17 -1,816.91 DII 01-Nov-2023 7,617.09 5,995.04 1,622.05 FII Derivatives Statistics Type BuyContracts BuyAmt (Rs. Cr) SellContracts SellAmt (Rs. Cr) Open InterestContracts Open InterestAmt (Rs. Cr) Index Futures 34,917 2,765 39,760 Read More

FOREX Most countries release PMI data today. FED policy meet is due tonight and NFP data is due on Friday. With all the important data releases, markets could remain volatile this week and early next week. Dollar Index and Euro may trade within 107-106/105 and 1.07-1.05 respectively while EURJPY rose to almost test 161 before Read More