Sushil Finance expects Indian Rupee to trade on negative note on the back of weak economic data from the country.
''Additionally, tension in Ukraine may add downside pressure on the Indian Rupee. Apart from that, dollar demand from importers may act as an undesirable factor,'' it added.
''However, optimistic domestic market sentiments may cap sharp depreciation in the Indian Rupee or even reversal may be seen. Investors will remain cautious ahead of Elections.''
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