Nifty Opens At All Time High, Sensex Up Over 100 Pts; Reliance Leads - Dollar Advisory & Financial Services

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Monday 3 April 2017

Nifty Opens At All Time High, Sensex Up Over 100 Pts; Reliance Leads

Equity benchmarks started off the week on a strong note, with the Nifty hitting a record high on positive Asian cues and ahead of RBI policy meet.

The Indian rupee opened marginally higher at 64.80 per dollar on Monday versus 64.85 Friday.

Pramit Brahmbhatt of Veracity said, "Considering the US data, a technical bounce in the dollar from hereon cannot be ruled out.

Thus rupee may depreciate for the day and the trading range for spot USD-INR pair is seen between 64.80-65.20/dollar."

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