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SumanSpeaks Independent Capital Markets Intelligence  ·  Estd 2006 Macro Currents  |  Currency Architecture  |  Geopolitical Finance The Multipolar Currency Dream Meets Economic Reality Why the rupee's march to global trade currency status will be measured in decades, not headlines Much has been written about the emergence of a multipolar currency system and the gradual erosion of US dollar dominance. The narrative is undeniably seductive: greater monetary sovereignty, reduced exposure to American sanctions architecture, and a strengthened role for national currencies — the rupee, the renminbi, the dirham — in settling global commerce. For a nation of India's ambitions, the vision is not merely attractive. It is politically galvanising. Yet the di...
Today's Calls
1. Buy Engineers India Ltd at Rs.150.30, T: Rs.175, SL: Rs.146. Engineers India Limited (EIL) is an engineering, procurement, engineering consultancy and construction (EPC) company in the petrochemicals and hydrocarbons industry.
The buyback price has been fixed at Rs.157 per equity share for a total aggregate of Rs 658.80 crore.  Board of Directors of Engineers India Ltd in its Board Meeting held on March 16, 2017 have declared an Interim Dividend of Rs.2.50 per share (on the face value of Rs. 5 each).

2. Those who are holding DLF Ltd (Rs.154.20) are suggested to keep a SL at Rs.153. But for medium term I would like to shift to Idea Cellular Ltd (Rs.87.40), if DLF Ltd continues to underperform.

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