| Walking amongst us are the superheroes, ready to appear anywhere they're needed. Pictures A teller counts currency notes at a bank branch in Mumbai, January 24, 2013. Credit: Reuters/Vivek Prakash/Files
Reuters Market Eye - The rupee higher in opening trades, tracking gains in Asian FX, positive regional stocks. The pair is at 54.26/27 versus last close at 54.41/42. Private dealer says good selling interest seen with likely trading range in 54.05-54.45 band for the session. January factory data likely to show 1.2 percent growth, Reuters poll says. (Read full preview here) Euro's recovery from Friday's slide also helping INR. Share sales inflows will be watched with National Aluminium Co (NALU.NS) likely to fetch $260 million for the government later this week. Financial Express reports the government may raise foreign fund limit in debt to $100 billion, a move if happens will be INR positive. (Reporting by Subhadip Sircar)
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Monday, 11 March 2013
Rupee higher; factory output data eyed - Reuters India
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