Mumbai: Indian rupee has opened lower by 6 paise at 61.93 a dollar on Friday, compared to previous day's closing value of 61.87 per dollar.
Pramit Brahmbhatt, Veracity says investors are likely to trade cautiously today as markets are already trading near all-time high levels & investors are short of confidence & are unsure of market upside.
According to him, the rupee is expected to trade rangebound to slightly weak, taking cues from a strong Dollar. "Range for the day is seen between 61.40-62.20/dollar," he adds.
Pramit Brahmbhatt, Veracity says investors are likely to trade cautiously today as markets are already trading near all-time high levels & investors are short of confidence & are unsure of market upside.
