Money market |
|
Sentiment: Bullish |
|
| Uncertainty on long term rates led to good buying in short-term gilts which offered good yield differential. |
| Even on reporting Friday, repo subscriptions touched Rs 26,500-odd crore. |
| The 10-year benchmark 9.81 per cent 2013 closed at 5.71 per cent. |
| Call money ended at 4.25-4.75 per cent amid ample liquidity in the market. |
| Revision on the GDP forecast added to the bullish sentiment. |
|
Forex Report |
|
Sentiment: Bullish |
|
| The spot rupee closed at 46.11 against the greenback after touching a high of 46.07. |
| Three-month and six-month annualised premiums closed at 2.72 per cent and 2.27 per cent respectively. |