CapitalStars Financial Research Pvt Ltd


CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market.we specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX. Read More

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Commodity Market Services

In this service we provide 3-4 intraday calls in MCX with a high level of accuracy. The calls are given in Precious Metals, Base Metals and Energies. You can also avail Free Tips for two days to test our accuracy and if satisfied you can join the services with Capital Stars. Read More

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We provide you around 1-2 nifty calls, Bank Nifty Futures, nifty futures tips, sgx nifty tips Daily. You can gain more profit, Get 2 days free trial calls. Read More

Equity Market Services

Equity Market Services

In this service we provide 2-4 intraday stock cash calls in NSE/BSE with a high level of accuracy.You can also avail Free Stock Tips for two days to test our accuracy and if satisfied you can join stock cash services with Capital Stars. Read More

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CapitalStars provides Free Trial in Intraday as well as in Positional Services of Equity, Derivatives, and Commodities and Forex Markets. We provide recommendations in NSE, BSE, MCX, NCDEX, and MCX-SX etc. We render you enough entry and exit time in our calls so clients can easily maximize their profits. Read More

Monday, 16 January 2017

Indian Rupee: Commences weak as dollar strengthens overseas : 16 Jan 2017

The Indian rupee slipped lower in early trades on Monday, 16 January 2017 on increased demand for the American currency from banks and importers. 

Dollar's strength against some other currencies overseas and a lower opening of the domestic equity market further weighed down the unit.

The domestic currency opened at Rs 68.25 against the dollar and dipped to a low of 68.2675 before recovering back to a high of 68.21 so far during the day. In the spot currency market, the Indian unit was last seen trading at 68.2150.

On Friday, the rupee fell by 8 paise to close at 68.16 against the US currency on fresh bouts of dollar demand from banks and corporates amid capital outflows.

Domestic benchmark indices edged lower in early trade amid initial volatility sighting lower Asian stocks. At 9:30 IST, the barometer index, the S&P BSE Sensex, was down 28.87 points or 0.11 percent at 27,211.33. The Nifty 50 index was down 9.35 points or 0.11 percent at 8,391.

Overseas, Asian stocks dropped after the British pound plunged more than 1 percent on fears of hard exit by UK from the European Union, which Britain voted to leave last June. In Hong Kong, the Hang Seng Index was down 1.39 percent, while China's Shanghai Composite Index plunged 1.11 percent.

UK Prime Minister Theresa May will reportedly address a speech tomorrow, 17 January 2017, in which many investors believe she could spell out an end to her country's participation in European Union's single market. May is also expected to elaborate on the UK's negotiation priorities in a speech.

Meanwhile, the U.S. dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was last quoted up 0.22 percent to 101.39.

Last week, the U.S. dollar fell against the other major currencies on Friday and the dollar index posted its largest weekly decline since late October as optimism cooled over President-elect Donald Trump's economic policy proposals.

However, the Commerce Department reported that retail sales rose 0.6 percentin December, while November's sales were revised up to show a 0.2 percent increase.

Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and Commodity market.We also provide 2 days free trial to our client.Join our services and trade with us. 

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* Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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