Major developments:

USD is now at 74.93. Rupee opened at 74.94. Expect 74.75-75 range for the day.

Euro hit 1.16 on EU’S recovery fund. US Congress is yet to reach a consensus on extending employment benefits. US-China tensions continued as US ordered closure of Chinese consulate in Houston and China has vowed to retaliate. Relaince is planning stake sale of 9.9% in Reliance retail to Amazon.

-USDINR is at 74.93. Prior day’s close was 74.76.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 5.80%.

-USDINR 1 yr fwd premia is at 3.84%.

USDINR @ 74.93, EUR/USD 1.1599, GBP/USD @ 1.2728, USD/JPY @ 1076.44, EUR/INR @ 86.91, GBP/INR @ 95.38, JPY/INR @ 70.40.

Gold@1883, WTI Crude @ 41.11, Nifty @ 11124(-91), 10 Year G-SEC @ 5.80.

For all your investment needs feel free to reach Goodwill.
Give us Missed Call us on 90037 90027 . For Support : 044-40329999