Fundamental Analysis: Rupee : The rupee rose, rebounding fro m near a four- week lo w, on speculation that overseas investors will boost holdings of local assets as India’s economic recovery gathering pace.(IND:46.22)Bullish. Dollar Index: The USD index has taken support near 77 and has change the trend in the near term. It is likely to face resistance at 81 and will trade in the range of 78-80 for few sessions. The upswing in index indicates the strength in dollar against major currencies and thus affecting the US equity market . As it share inverse correlation with equity. (Dollar Index – 79 )Neutral