Rupee: Boosted by positive regional risk appetite after the US and Indian equities reached record high, we may see dollar inflow in our market. Rupee was getting stronger amid hopes of tax relief but geopolitical factors concerning India has again made rupee vulnerable. I wrote before that Rupee can test levels till 70.60 and won’t appreciate much which is exactly how it is paving out. I expect rupee to trade in the range of 71.40-70.80 in short term.
Gold prices are trading steady after the US and China reached limited trade deal on Friday. It is trading in the range of

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