Geopolitics Alpha

Indian central bank likely intervenes to cap pressure on rupee, traders say

Published . Updated .

Covered by 2 outlets: www.marketscreener.com, TradingView.

GEOPOLITICS ALPHAIndian central bank likelyintervenes to cap pressure onrupee, traders sayGEOPOLITICS ALPHA

This report is about India.

Directly affected

  • No company is named in this report.

Indirectly affected

  • INDA iShares MSCI India ETF-5.0% 30d

    iShares MSCI India ETF holds stocks listed in India, which this story is about (“indian”).

  • CEW WisdomTree Emerging Currency Strategy Fund

    WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from India.

  • EMB iShares J.P. Morgan USD Emerging Markets Bond ETF-2.1% 11d

    iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in India

  • EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-1.8% 30d

    VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from India.

  • EEM iShares MSCI Emerging Markets ETF-0.3% 30d

    iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes India

  • HDB HDFC Bank-4.6% 30d

    HDFC Bank (commercial banks) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.

  • INFY Infosys-7.5% 8d

    Infosys (computer programming services) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.

  • RDY Dr. Reddy's Laboratories

    Dr. Reddy's Laboratories (pharmaceutical preparations) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
INDANo price data for this ticker———————
CEWNo price data for this ticker———————
EMBNo price data for this ticker———————
EMLCNo price data for this ticker———————
EEMNo price data for this ticker———————
HDBNo price data for this ticker———————
INFYNo price data for this ticker———————
RDYNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Indian central bank likely intervenes to cap pressure on rupee, traders say www.marketscreener.com

Source: www.marketscreener.com

This story

25 out of 100

“Indian central bank likely intervenes to cap pressure on rupee, traders say” scores 25 out of 100. The score uses 2 sources.