Major developments:

USD is now at 76.14. Rupee opened at 76.17. Expect 76.05-76.25 range for the day.

Indian Equity indices climb on stimulus hopes. Govt is expected to announce measures to

aid MSME sector.

-USDINR is at 76.14. Prior day’s close was 76.45.

-Indian Equity indices climb 2.11%.

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

-USDINR 1 yr fwd premia is at 3.92%.

USDINR @ 76.14, EUR/USD 1.0847, GBP/USD @ 1.2435, USD/JPY @ 107.28, EUR/INR @ 82.58, GBP/INR @ 94.68

JPY/INR @ 70.97.

Gold@1741, WTI Crude @ 15.10, Nifty @ 9344(+189), 10 Year G-SEC @ 6.16.