Major developments:

USD is now at 71.25. Rupee opened at 71.17 . Expect 71.05-71.35 range for the day.

-USDINR is at 71.25. Y’day’s close was 71.17.

-Indian Equity indices climb higher.

-Indian 10 year G-SEC yield is at 6.51%.

-USDINR 1 yr fwd premia is at 4.03%.

USDINR @ 71.25, EUR/USD 1.1123, GBP/USD @ 1.2847, USD/JPY @ 108.57, EUR/INR @ 79.25, GBP/INR @ 91.53,

JPY/INR @ 65.62.

Gold@1491, WTI Crude @ 54, Nifty @ 11627 (+41), 10 Year G-SEC @ 6.51.