Intraday Stock Trading

The rupee is likely to start more powerful on Wednesday as positive outlook from the recent aid deal for Greece, powerful growth signs or symptoms from Malaysia and a assets shot predicted from the Western Main Bank help improve international risk hunger.

Traders said the rupee should start around 48.70 to the dollars and move between 48.50 and 49.10. It shut at 48.9340/9440 on Exclusive, building up 0.7 percent the other day, its second immediately weeks time of gain.

India's Multi Commodity Exchange (MCX) has priced its initial public offering at the top of an indicative range, after investors bid for more than 54 times the shares on offer in a sign of revival of the country's dormant primary market
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MCX, which will become the first Indian bourse to list its shares on an exchange, has fixed the IPO price at Rs 1,031, raising Rs 6.5 billion, the company said in a newspaper advertisement on Monday.