LONDON Dec 5 The euro rose to a one-month high against the pound on Wednesday, tracking a rise in the euro's gains against the dollar as European shares rose.
The euro rose to 81.460 pence, its highest level since Oct. 24. Near-term resistance was expected at the October high of 81.65 pence. (Reporting by Philip Baillie, Editing by Nia Williams)
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It remains to be seen whether Nifty will be able to break the 8,100 mark during October. With major events out of the way, the next trigger will be the Q2 FY16 earnings season which is expected to kick off next week. It is advisable for the investors to continue building their equity portfolio by utilising market volatility as an opportunity, writes Ambareesh Baliga. Full Article