Major developments:

USD is now at 75.26. Rupee opened at 75.30. Expect 74.85-75.40 range for the day.

Indian Equity indices are trading 1.5% down.

-USDINR is at 75.26. Friday’s close was 74.85.

-Indian Equity indices decline 1.5%

-Indian 10 year G-SEC yield is at 6.16%.

-USDINR 1 yr fwd premia is at 4.12%.

USDINR @ 75.26, EUR/USD 1.1080, GBP/USD @ 1.2395, USD/JPY @ 107.58, EUR/INR @ 83.38, GBP/INR @ 93.28, JPY/INR @ 69.32.

Gold@1645, WTI Crude @ 20.45, Nifty @ 8515(-144), 10 Year G-SEC @ 6.16.