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How Rupees movement effect on Stock prices?

It is very important factor to understand about market  movement. We have various factor, these are affecting market to move down or up, out of these rupees is one.

Generally we will discuss about Indian market. Two exchanges are available in Indian market, these are NSE and BSE. Nifty represents NSE and Sensex represents BSE.

Four types of currencies are legal to trade in Indian market, these are USDINR, GBPINR, EURINR and JYPINR.

So, through this article, we will discuss about the relationship between Nifty and currencies (basically with USDINR, because based on USDINR movement, we can easily identify Nifty movement).

Both Nifty and USDINR are inversely proportional to each other. If USDINR is going up-word direction, then it’s a sign that Nifty will go down. Otherwise if USDINR is going down-word direction, it’s a sign that Nifty will up.

    • How Rupee movement, creating impact on stock prices?
      • We understand that, based on rupees movement Nifty is moving. If Nifty will go up, then maximum stock prices will go up and on                   down movement of Nifty, maximum stock price will go down.
      • So, Rupee movement is creating direct impact on stock movement also.

Nifty Movement

Nifty Movements

USDINR Movement

USDINR Movements

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