Fundamental Analysis: Rupee : T he Indian rupee should rise on Friday on expectatio ns o f foreigners bringing in more fund s into local sto cks, after stro nger Asian share markets boosted regional currencies Bullish Dollar Index: The US Dollar Index is consolidating above support at 75; breakout would signal a decline to 74 *. Momentum holding below zero indicates a strong down-trend; the recent rise merely indicates consolidation. In the long term, the dollar is expected to test the 2008 low of 71. Recovery above 76.50 is unlikely, but would warn that the down-trend is ending. The weakening dollar continues to fuel rising crude oil and precious metal prices. Its supports seem near 75-75.20 (Dollar Index – 76.06) Neutral