Business Standard

MARKET EYE WEEKAHEAD - Cash crunch, share sale key for India debt/fx

MARKET-WEEKAHEAD-RUPEE:MARKET EYE WEEKAHEAD - Cash crunch, share sale key for India debt/fx

Related News

India's debt markets will likely focus on the cash situation with the government clamping down on spending. Repo bids are hovering over 1 trillion rupees and dealers will look at the possibility of any open operations.

The cut in cash reserve ratio (CRR) will become effective only on February 9, injecting 180 billion rupees of liquidity in the system.

The is expected to hold in a 52.50 to 53.70 broad range to the dollar next week.

Dollar inflows towards the stake sale in Ltd is expected to keep the rupee in a bullish mode. Traders will be watching the non-farm payrolls data due to be published post market hours on Friday for opening cues on Monday.

Read more on:   
|
|
|

Read More

Sebi clears Diageo's open offer for USL stake

The regulator gives its green signal to Diageo's Rs 5,441-crore open offer for 26% non-promoter United Spirits

Quick Links

 

Market News

Lead falls by 0.3% on low demand

Speculators trimmed positions on lower demand from battery-makers in spot markets

Cardamom rises by 0.7% as demand picks up

Besides, tight stocks position in the physical market due to restricted arrivals from producing regions supported the upside

Chana gains by 0.2% on pick up in demand

Traders created fresh positions after demand picked up in the spot market, driven by ongoing wedding season

Era Infra Engineering locked at 5% lower circuit

IFCI sold 14.25 lakh shares of Era Infra at Rs 6.61 per share in a bulk deal on NSE yesterday

Market participants cautious ahead of Nov expiry, GDP data

Rate sensitives in red while IT, pharma gains

Back to Top