Bonds end mixed

Government securities (G-sec) ended mixed on alternate bouts of buying and selling, while the overnight call money rates remained firm on sustained demand from borrowing banks.

The 8.83 per cent government security maturing in 2023 firmed up to Rs 100.65 from Rs 100.53, while its yield eased to 8.73 per cent from 8.75 per cent.

The 8.28 per cent government security maturing in 2027 moved up to Rs 94.23 from Rs 94.19, while its yield softened to 9.03 per cent from 9.04 per cent.

The 8.35 per cent government security maturing in 2022 also rose to Rs 97.10 from Rs 96.95, while its yield declined up to 8.86 per cent from 8.89 per cent.

However, the 8.24 per cent government security maturing in 2027 eased to Rs 94.00 from Rs 94.03, while its yield inched up to 9.04 per cent from 9.03 per cent.

The 7.16 per cent government security maturing in 2023 moved down to Rs 88.75 from Rs 88.77, while its yield edged up to 9.01 per cent from 9.00 per cent.

The rupee had strengthened to 59.45 in intra-day trade on July 29, 2013.

However, the rupee failed to maintain initial gains and closed marginally lower at 60.05 per dollar, registering a loss of one paise. It moved in a range of 59.51 per dollar and 60.12 per dollar during the day.

Banks and exporters initially preferred to reduce their dollar position in view of persistent foreign capital inflows into the equity market. "The USD/INR pair, however, witnessed recovery with rumours that RBI was buying dollars," said Admisi Forex India in a report.

Meanwhile, the benchmark Sensex rose to all-time high of 23,572.88 before ending at 23,551.00, showing a sharp gain of 556.77 points or 2.42 per cent. The dollex index was down by 0.04 per cent against the major curreinces in the international market.

However, in New York Market, the euro slid against the dollar on last Friday, dropping through the USD 1.38 threshold to its lowest level in a month as traders continued to react to the dovish tone of the European Central Bank.