http://updates.orpheus.asia/article/2097/comment-page-1#comment-101

http://updates.orpheus.asia/

http://updates.orpheus.asia/article/2101

Useful Link: cycle.in: Tracking and researching the Indian business cycle
Present business cycle conditions

http://www.mayin.org/cycle.in/tracking.html

Also, I wonder if FII Instanex Index and $/Rs are a leading/lagging indicator on the directin of nifty? Both seem to have a close corelation with Nifty.