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Rupee hits 7-month low, 12 paise down on 65.78 against dollar

The fourth trading day of the week also started with the weakness of the rupee. Rupee drops by 12 paise to 65.78 against the dollar, which is the lowest level of 7 months. The rupee had fallen 2 paise to 65.66 against the dollar on Wednesday. Rupee against the dollar was also started with weakness. The rupee was 2 paise lower at 65.66 against the dollar. On Tuesday, the rupee closed at 65.64 level in the trading session.
Reasons for Declining Rupees

Ajay Kedia, director of the Kedia Commodity, said that the dollar has supported the Federal Reserve by increasing the interest rates faster by the Federal Reserve hopes to improve US economic data. Whose rupee flows off the bridge

Top Intra-Day Tips for Thursday Trading, Trade In These Stocks
Market experts have advised shopping in ITC, Sun TV and Wipro for Thursday’s turnover. Experts believe that during this intra-day, these stocks can get a good return. You can earn from trading based on the strategy given below.

ITC

Stop loss- 268

Target- 280

Sun TV

Stop loss-870

Target- 950

Wipro

Stop loss-290

Target- 300

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