Money market |
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Sentiment: Bullish |
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| Gilts opened about 30 paise lower on higher inflation rate, but rate cut expectations led a recovery of 40 paise. |
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| The benchmark 9.81 per cent 10 year paper opened at 5.925 per cent (Rs 129.18) and ended at 5.880 per cent (Rs 129.58). |
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| The one-year T-bill was dealt below the repo rate at 4.90 per cent. |
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| Call money rates closed at 4.00-4.50 percent compared with Saturday |