Join Sahaj Agrawal in this Weekly Expiry update to get key insights.

Range bound movement with negative bias expected.

Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.

USDINR is may remain rangebound between 79.60 and 80.00 for the time being, due to lack of fresh triggers.

Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.

Nifty 17,500 will be a major support level for today, while Nifty 17,750 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks.

Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.

USDINR is expected to open slightly lower due to softer US economic data overnight. However, risk-off sentiments and recovery in US Dollar Index would keep the bids alive. In crosses, Euro and GBP can remain under selling pressure.

Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.

Nifty 17,350 will act as a support level for today and Nifty 17,600 will be a key resistance level to watch out for. The strategy should be to buy between 17,400- 17,300 levels with a stop loss at 17,200, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT space.

Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.

USDINR may continue to see an upward drift due to hostile global conditions. Dollar index is moving higher and so are US bond yields. Equity sell-off weakness in Chinese currency is an add-on negative.

Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.

Nifty 17,600 is an ultimate support level and Nifty 17,950 will be a key resistance level to watch out for today. The strategy should be to buy on bullish reversal formation between 17,600- 17,675 levels with stop loss at 17,600, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metal space.

Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.

USDINR May continue to drift higher due to the strong dollar index, the risk-off mood in equities, and the weak Chinese currency.

Key events this week include Jackson Hole Symposium, U.S. GDP growth estimate, manufacturing and services PMI from U.S. and Europe.

Find out in our weekly commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.

Highlights of this week's Commodity Podcast:

- Commodities end sharply lower on firmness in the U.S. dollar, weaker demand outlook.

- The U.S. dollar index rose to 1-month high on safe haven buying, Fed’s tightening debate.

- Fed officials saw a need to eventually dial back the pace of interest-rate increases and warned against over-tightening but also flagged the risk of inflation becoming entrenched, as per FOMC minutes.

- Euro-zone consumer price rose at a record 8.9% pace in July in line with expectations.

- U.K. consume price rose 10.1% on the year in July, the fastest in 40 years.

- Nyrstar will shut its Budel zinc smelter in the Netherlands from Sept. 1st.

- Norsk Hydro is planning to shutter an aluminium smelter in Slovakia at the end of next month.

- Local governments have room to issue an extra 1.55 trillion yuan in special debt and bonds this year to support infrastructure investment.

- Indonesia said China’s Xi Jinping and Russia’s Vladimir Putin plan to be at a Group of 20 summit in Bali later this year.

Highlights of 22nd August ’22 Fundamental Weekly Podcast

- BSE Midcap & Smallcap index outperformed the Sensex and Nifty.

- India’s July 2022 CPI inflation saw moderation.

- Marginal decline is being witnessed in oil prices.

- Recent market rally possibly reflects increasing expectation about peaking of inflation, commodity price correction and decent earnings visibility.

- Month till date, FIIs have turned net buyers to the tune of Rs 16,859 crore.

- Pick of the week – MAX HEALTH. Max delivered another strong performance in 1QFY23 with key growth initiatives like ongoing bed expansion, target reduction in institutional mix and recovery in international footfalls are well on track.

- Other Picks- UPL. As per the management, the demand outlook remains positive, with crop prices likely to rise on the back of drought in Europe and the U.S. Midwest, while margins could possibly improve as input costs correct in coming quarters.