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Rupee depreciated for the third straight session.

Brent is seen trading 0.17% higher at $72.73 early today continuing yesterday’s rise.

FIIs sold net INR 802.51 crore of shares yesterday.

India’s likely inclusion in global bond indices likely to draw as much as $250 billion of inflows over the next decade- Economic Times.

OUTLOOK - USDINR

USDINR continued its upsides on anticipated lines and even exceeded our expected objective for yesterday. Favoured view expects this move to face resistance at 73.88 for a turn lower, but a direct rise above the same could call for 74-74.22

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