Currencies: The USD/INR remains choppy and is likely to stay so, though the bias to weakness is beginning to look apparent. The Euro is failing to pick up. The level of 1.30 offers support for now. The USD/JPY is stable but may weaken below 82.00. The DXY can turn weak below 79.75.

Global equity indices: Trends of key indices are given below.

Country                 index            closing          key comments

USA                       S&P500        1257             Positive above 1230.

CHINA                   Shanghai      2835            Choppiness to continue.

HONG KONG          Hang Seng   22834          Choppy drift to persist

Japan                    Nikkei           10279          Positive above 10000

MS Emerging Mkt   MSCI            1128           Can rise to 1150