Market LIVE Updates: Indices trade higher on loan moratorium expectation from RBI Guv Shaktikanta Das

Market LIVE Updates: Indices trade higher on loan moratorium expectation from RBI Guv Shaktikanta Das

Rupee to start the day flat and we will wait for what the Governor has to say in his address at 10 am today. The rupee should remain in a range of 73.70 to 74.20 for the day. The premiums though have come off from their highs are still on the high side and we should expect the correction to come soon. Exporters may sell as we get nearer to 74 and above while importers to buy near 73.80 where RBI has been buying and absorbing the dollar inflow.
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