Major developments:

USD is now at 73.83. USDINR opened at 73.78. Expect 73.60-73.90 range for the day.

RBI MPC meeting has been deferred. Walmart is likely to invest USD 25 bn in Tata super app.

-USDINR is at 73.83. Prior day’s close was 73.78.

-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 6.05%.

-USDINR 1 yr fwd premia is at 4.20%.

USDINR @ 73.83, EUR/USD 1.1678, GBP/USD @ 1.2860, USD/JPY @ 105.57, EUR/INR @ 86.21, GBP/INR @ 94.94J, JPYINR @ 69.93.

Gold@1885, WTI Crude @ 40.35, Nifty @ 11243(+15), 10 Year G-SEC @ 6.05%.

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