Major developments:

USD is now at 70.92. Rupee opened at 70.98 . Expect 70.75-71.05 range for the day.

US ISM(mfrg) and employment data are the focus events for the day. Indian Core sector growth declined -5.2% in Sept as against 4.3% growth in 2018. In Apr-Sept period, Core sector growth has declined by 1.3% as against 5.5% during the same period last year.

-USDINR is at 70.92. Y’day’s close was 70.93.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 6.43%.

-USDINR 1 yr fwd premia is at 4.00%.

USDINR @ 70.92, EUR/USD 1.1163, GBP/USD @ 1.2960, USD/JPY @ 107.98, EUR/INR @ 79.17, GBP/INR @ 91.91, JPY/INR @ 65.67.

Gold@1510, WTI Crude @ 54.40, Nifty @ 11880(+3), 10 Year G-SEC @ 6.43.