Just an observation. The last time that the rupee was at 53-54Rs. was in the second week of December. That's when Nifty touched its lowest (45xx), and the dollar index was in 77-78 range. Now when the rupee is around 53.5 mark, Nifty is 5100-5200, and the dollar index is above 79. Wonder what conclusions can we draw from this. Are the FIIs accumulating or getting out ??