Rupee Gains Amid Heavy Dollar Inflows And A Sharp Rally In Domestic Equity Markets

# trading range for the day is 82.72-83.5.

# Rupee gains amid heavy dollar inflows and a sharp rally in domestic equity markets to fresh record highs.

# ADB revises India\\'s FY 2023–24 economic expansion forecast to 6.7%.

# India\\'s merchandise trade deficit narrowed to USD 20.6 billion in November 2023 from USD 22.1 billion in the same month last year

# trading range for the day is 90.44-92.

# Euro pared all gains after a downturn in euro zone business activity surprisingly deepened in December

# The German economy is set to shrink slightly this year and barely grow the next as demand from abroad is weak

# The HCOB Eurozone Services PMI fell to 48.1 in December of 2023 from 48.7 in the previous month

# trading range for the day is 105.49-106.65.

# GBP remained supported after data from the UK revealed an acceleration in the growth pace of the private sector\\'s economic activity.

# The S&P Global/CIPS UK Services PMI rose to 53.7 in December of 2023 from 50.9 in the previous month, above expectations of 51

# The GfK Consumer Confidence indicator in the United Kingdom rose to -22 in December 2023 from -24 in November

# trading range for the day is 58.4-59.06.

# JPY dropped on profit booking undermined by expectations for a hawkish BoJ pivot in 2024.

# Japan\\'s factory activity shrank for a seventh straight month in December.

# The au Jibun Bank Japan Services PMI rose to 52 in December 2023 from 50.8 in November.