Sentiment: Bullish
- Prices of government securities went up sharply due to heavy buying interest on hopes of a possible rally in January.
- The yield on the benchmark 10-year paper slid to 5.1487 per cent from previous close of 5.1572 per cent.
- The yield on the 14-year 8.07 per cent security declined to 5.5441per cent.
- Call money rates ended up at 4.30-4.50 per cent.
- The RBI accepted all 54 applications for Rs 26,245 crore at the one day repo auction.
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| Forex market |
Sentiment: Bearish
- The rupee reversed from its four-day rise to end lower at 45.5675/5750 per dollar on importer dollar purchases.
- The annualised discount on the one-month dollar dipped to 0.15 per cent (0.60 per cent), while the premium on six-month dollar rose to 0.12 per cent (0.05 per cent).
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| Outlook The rupee may open at 45.55 per dollar on Tuesday. |
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