Major developments:

USD is now at 74.74. Rupee opened at 74.75. Expect 74.70-74.85 range for the day.
EURO extended its rally. US Tech gaints reported stellar results. Oil is struggling at high
levels. Gold continues to exhibit bullish momentum.

-USDINR is at 74.74. Prior day’s close was 74.85.
-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 5.83%.
-USDINR 1 yr fwd premia is at 3.85%.

USDINR @ 74.74, EUR/USD 1.1892, GBP/USD @ 1.3131, USD/JPY @ 104.28, EUR/INR @ 88.88, GBP/INR @ 98.14, JPY/INR @ 71.67.
Gold@1962, WTI Crude @ 40.12, Nifty @ 11098(-6), 10 Year G-SEC @ 5.85.