''We expect the rupee to trade on a neutral to negative note against the dollar taking cues from positive economic data from US and strength in the dollar index. However, upbeat global markets may cap sharp gains,'' said Swastika Investmart.

''As seen on the intraday chart, USD INR is trading near the support at the 60.80 mark. If it breaches this support then the counter is likely to head further downwards till the 60.40 mark. On the upside, 61.14 is the immediate resistance for the counter.''

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