Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
2. HEADLINES
Rupee rises to four-and-a-half-month high
The rupee climbed to a four-and-a-half-month high on
Friday aided by a sudden gust of reforms from the
central government and bullish foreign funds which
have invested Rs 8,000 crore in just one week. The
Indian currency climbed to 53.45 per dollar, becoming
the best performer among Asian currencies in the past
one month. It closed on Friday, 1.7% stronger than
54.38 per dollar on Thursday.
Forex reserves rise by $2.43 bn to $294.47 bn
RBI REFERENCE RATE
As on 21st September 2012 Country's foreign exchange reserves rose $2.43 billion
to $294.47 billion during the week ended September
14, mainly due to revaluation of currencies. According
UNDERLYING RATE to data released by the Reserve Bank of India, foreign
currency assets, which includes the effect of
USDINR 53.9055
appreciation or depreciation of non-US currencies
EURINR 70.0095 such as Euro, Sterling, Yen held in the reserves rose
$2.33 billion to $261.52 billion.
GBPINR 87.6018
JPYINR 68.9800
Sterling hits near 13-month high versus dollar
Sterling rallied to a near 13-month high against a weak
dollar on Friday after UK borrowing data was less bad
than feared, and talk Spain may soon request aid
fuelled demand for perceived riskier currencies.
www.epicresearch.co 9993959693
6. FOREX FORTHCOMING EVENTS
DAY TIME CURRENCY DETAILS ACTUAL FORECAST PREVIOUS
TUESDAY 6.30 PM EUR ECB President Draghi Speaks
TUESDAY 7.30 PM USD CB Consumer Confidence 62.9 60.6
WEDNESDAY 7.30PM USD New Home Sales 381K 372K
THURSDAY 6.00 PM USD Unemployment Claims 378K 382K
THURSDAY 7.30 PM USD Pending Home Sales m/m -0.7% 2.4%
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable,
but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose
the product/s that suits them the most.
Sincere efforts have been made to present the right investment perspective. The information contained herein is
based on analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The report
does not provide individually tailor-made investment advice. Epic research recommends that investors
independently evaluate particular investments and strategies, and encourages investors to seek the advice of a
financial adviser. Epic research shall not be responsible for any transaction conducted based on the information
given in this report, which is in violation of rules and regulations of NSE and BSE.
The share price projections shown are not necessarily indicative of future price performance. The information
herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to
epic research might be holding positions in the stocks recommended. It is understood that anyone who is
browsing through the site has done so at his free will and does not read any views expressed as
a recommendation for which either the site or its owners or anyone can be held responsible for . Any
surfing and reading of the information is the acceptance of this disclaimer.
All Rights Reserved.
Investment in equity & bullion market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss
incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic
research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid
Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any
Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then
Serious Legal Actions can be taken.