Market Reports

Money market

Sentiment: Dull

The gilts market witnessed lacklustre trading on account of the Mumbai bandh.

Volumes dropped to 10 per cent of the average daily trading volume of Rs 5,000 crore.

There were hardly any quotes for the benchmark 10-year paper.

Forex market

Market Sentiment: Bullish

The rupee closed almost flat at 46.1200/1225 to a dollar against its previous close of 46.1150/1250.

The six-month annualised forward premium finished at 1.84 per cent as against the previous day