Major developments:

Rupee is at 71.67. Equity indices decline marginally. USDINR fwd premia inches higher. Rupee falls on fiscal deficit fears and Crude rally.

-RBI Credit policy is on 7 th Feb. RBI may shift stance to neutral.

-Indian Yields climb on increased Govt borrowings.

-BREXIT uncertainity continues.

-USDINR is at 71.67. Friday’s close was 71.24.

-Indian Equity indices decline marginally.

-Indian 10 year G-SEC yield is at 7.39%.

-USDINR 1 yr fwd premia is at 4.10%.

USDINR @ 71.67, EUR/USD 1.1443, GBP/USD @ 1.3075, USD/JPY @ 109.73, EUR/INR @ 82.01, GBP/INR @ 93.70, JPY/INR @ 65.30.

Gold@1313, WTI Crude @ 55.35, Nifty @ 10840 (-53), 10 Year G-SEC @ 7.39.