Major developments:

 USD is now at 73.90. USDINR opened at 73.90. Expected range: 73.80-73.95. PAY TM IPO is contributing to Rupee gains.

  -USDINR is at 73.90 .Prior day’s close was 74.02.

-Indian Equity indices decline marginally.

 -Indian 10 year G-SEC yield is at 6.29%.

-USDINR 1 yr fwd premia is at 4.70%.

USDINR @ 73.90, EUR/USD 1.1600, GBP/USD @ 1.3569, USD/JPY @ 112.75, EUR/INR @ 85.71, GBP/INR @ 100.27, JPY/INR @ 65.55.

Gold@1825, WTI Crude @ 82, Nifty @ 18038(-30), 10 Year G-SEC @ 6.29%.

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