Rupee gained after opening steady as banks sold dollars on view an expected gain in local shares may see investments from foreign funds. Sentiment for local shares is seen positive after technology bellwether Infosys Technologies reported robust earnings
TECH OUTLOOK:
Rupee is expected to be on a bearish note and trade in the range of 42.75-42.96.With good support seen at 42.70 levels. key resistance for the currency is seen at 43.06.currency is seen trading below the moving average and is trying to test the lower Bollingers levels.
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