Market Reports

Money market

Sentiment: Positive

Gilt yields came off by 3-5 basis points from their opening levels on Thursday but edged up towards close on profit-booking. In absolute terms, prices inched up by 5-15 paise.

The benchmark 9.81 per cent 2013 gilt opened at Rs 129.65 (5.88 per cent), edged up to Rs 129.94 (5.85 per cent) and was last dealt at Rs 129.70 (5.87 per cent).

Corporate bonds yields slipped by 5-10 basis points.

Call rates were at 5-5.10 per cent at close.

Forex market

Market Sentiment: Bullish

The rupee ended strong at 47.3950/4000 against Thursday