Money market |
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Market Sentiment: Bullish
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| The benchmark 10-year gilt, the 7.27 percent 2013, ended at 5.5393 per cent, up from its previous close of 5.5175 per cent. |
| Overnight rates ended at 4.80-5.00 per cent amid ample liquidity. |
| There was routine demand from banks to meet their daily reserve requirements. |
| The RBI conducted an open market operation worth Rs 12,000 crore. |
| Cut-off price was set at Rs 103.52 for the auction of 6.35 per cent 2020 bonds for a notified amount of Rs 5,000 crore. |
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Forex market |
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Market Sentiment: Bullish
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| The rupee ended at 45.9025/9125 on dollar inflows from exporters and foreign funds. |
| The three-month forward annualised premium closed at 2.53 per cent, six-month at 2 per cent and one-year at 1.88 per cent. |
