RBI Update:
RBI said exporters will be required to convert 50% of their
foreign exchange holdings into rupees. The
rupee had hit an all-time low of 53.83 rupees per dollar on Wednesday. Exporters
will also be allowed to buy foreign currency only after utilizing all the
foreign currency holdings in their accounts.
Future Market tips:
SELL Nifty Future below 5015 target 4995, 4985 Stoploss 5045
BUY Bharti Aritel Future at current price Target 315.80, 317.00
Stoploss 311.5
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