India Rupee: Expected range for rupee – Jun 18

Thursday, Jun 18  MUMBAI – Following are expected support and resistance levels for the rupee, as forecast by leading banks and brokerages in a Cogencis poll:  SUPPORTRESISTANCEBig state-owned bank76.4076.00Big state-owned bank76.5076.10State-owned bank76.4076.10Private bank76.3576.10 End US$1 = 76.1500 rupees (at 1400 IST on Wednesday) Compiled by Akansha VictorFiled by Bhaskar Dutta Cogencis Tel +91 (22) 6619-0000Send comments to feedback@cogencis.com  This copy was first published on […]

Hindalco raises prices of aluminium products after two cuts in a row

Thursday, Jun 18 By Nikita Periwal MUMBAI – Hindalco Industries Ltd has raised the prices of its aluminium ingots, billets and wire rods by more than 1%, effective today, after cutting them twice in a row, trade sources told Cogencis.   Companies generally link the prices of their products to the three-month futures contract of aluminium on the London […]

Vedanta hikes prices of aluminium ingots after 2 cuts in a row

Thursday, Jun 18 By Nikita Periwal MUMBAI – After two consecutive price cuts, Vedanta Ltd has raised prices of its aluminium ingots by more than 1%, effective today, trade sources told Cogencis.      Companies generally link the prices of their products to the three-month futures of aluminium on the London Metal Exchange. So far in 2020, the benchmark contract has […]


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