Escorts, Vedanta among 10 stocks that could return up to 12% in 1 month

The Indian rupee surpassed 70 mark and trading near day's low. It is trading lower by 45 paise at 70.13  per dollar.

The dollar-rupee January contract on the NSE was at 69.82 in the previous session. January contract open interest increased 12.02% in the previous session, said ICICIdirect.

We expect the USD-INR to meet supply pressure at higher levels. Utilise upsides in the pair to initiate short positions, it added.