Major developments:

USD declines 15 ps. Equities tumble. IIP and CPI data are infocus this week.

-USDINR is at 68.80. y’day’s close was 68.65.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 6.58%.

-USDINR 1 yr fwd premia is at 4.71%.

USDINR @ 68.80, EUR/USD 1.1217, GBP/USD @ 1.2512, USD/JPY @ 108.73, EUR/INR @ 77.18, GBP/INR @ 86.08, 

JPY/INR @ 63.27.

Gold@1395, WTI Crude @ 57.55, Nifty @ 11465 (-93), 10 Year G-SEC @ 6.58