Market Reports

Money market

Market Sentiment: Bullish

Prices of gilts went up by 15-20 paise. The 7.27 per cent 2013 witnessed good trading.

Market preference shifted to 10-year segment as the price of the newly auctioned 6.85 per cent 2012 moved up by almost 40 paise.

Overnight rates was bit tight owing to reporting Friday.

Forex market

Market Sentiment: Bullish

The rupee ended lower at 47.09/11 on the back of dollar buying by public banks.

The six-month and one-year forward premiums ended higher at 1.10 per cent and 1.25 percent.