Major developments:

Rupee is at 71.45. Equity markets climb. US bank holiday. 

-USDINR is at 71.45.Friday’s close was 71.19.

-Indian Equity indices gain.

-Indian 10 year G-SEC yield is at 7.34%.

-USDINR 1 yr fwd premia is at 4%.

USDINR @ 71.45, EUR/USD 1.1376, GBP/USD @ 1.2868, USD/JPY @ 109.55, EUR/INR @ 81.28, GBP/INR @ 91.95, JPY/INR @ 65.22.

Gold@1281, WTI Crude @ 54.10, Nifty @ 10965 (+58), 10 Year G-SEC @ 7.34.