GBPINR likely to trade on positive note: Sushil Finance

Written By Unknown on Kamis, 09 April 2015 | 14.02

Accordint to Sushil Finance, GBPINR is likely to trade on the positive note on the back of upcoming May general election.

Sushil Finance's report on rupee

GBPINR

Sterling rose on Wednesday on talk that foreign bids for two major British firms would bolster demand for the pound, while activity in the options market showed investors were busy hedging against sharp swings before a May general election.

Outlook

We expect GBPINR is likely to trade on the positive note on the back of upcoming May general election

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Accordint to Sushil Finance, GBPINR is likely to trade on the positive note on the back of upcoming May general election

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