Money market |
|
Sentiment: Positive |
|
| Yields on government securities and corporate bonds softened. |
|
| Though banks chose to stay on the sidelines due to annual closing of accounts, mutual funds and primary dealers built up positions on the back of easy liquidity. |
|
| There was hardly any trading in the call money market. |
|
| At the two-day repo auction the RBI received 23 bids aggregating Rs 14,010 crore. All the bids were accepted. |