Major developments:

USD is now at 75.91. Rupee opened at 75.84. Expect 75.65-76.10 range for the day.

Indian Equity indices are trading lower.

-USDINR is at 75.91. Tuesday’s close was 75.66.

-Indian Equity indices decline 1.57%.

-Indian 10 year G-SEC yield is at 6.28%.

-USDINR 1 yr fwd premia is at 3.95%.

USDINR @ 75.91, EUR/USD 1.0849, GBP/USD @ 1.2389, USD/JPY @ 107.90, EUR/INR @ 82.35, GBP/INR @ 94.04, JPY/INR @ 70.35.

Gold@1594, WTI Crude @ 24.10, Nifty @ 8158(-96), 10 Year G-SEC @ 6.28.