ITC को डाउनग्रेड किया गया क्योंकि भारत में सिगरेट टैक्स बढ़ने से वॉल्यूम और कमाई पर खतरा है
- USDINR trading range for the day is 75.44-75.9.
- USDINR gains as the focus turned to record levels of coronavirus infections in several U.S. states, spurring concerns about the pace of economic recovery.
- India's GDP to contract 5.3% in FY21 amid coronavirus impact, will rebound in FY22
- Global rating agencies Fitch and Moody's too had projected contraction in the Indian economy in the current fiscal year due to strict lockdown measures
- EURINR trading range for the day is 85.1-85.94.
- Euro gains supported by upbeat data in Europe and helped stoke hopes for a global economic recovery
- IHS Markit's euro zone Flash Composite Purchasing Managers' Index, beat expectations with a bounce to 47.5 from May's 31.9.
- The euro is headed for its best month against the dollar since October
- GBPINR trading range for the day is 94.28-95.12.
- GBP remained supported as traders react to the superb manufacturing and services PMI numbers.
- The manufacturing and services PMIs rose to 50.1 and 47.0 respectively.
- The data came ahead of a speech by Boris Johnson outlining the next phase of reopening.
- JPYINR trading range for the day is 70.74-71.26.
- JPY gains as dollar seen pressure after White House attempts to walk back trade adviser Peter Navarro's China comments
- Bank of Japan Governor Haruhiko Kuroda said that the BOJ will implement all possible measures to support firms
- Japan's economy probably hit bottom but the strength of recovery would depend not just on domestic demand but overseas developments
