Money market |
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Market Sentiment: Bullish |
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| Prices of government securities moved in a narrow range. |
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| Select medium- and long-term papers ended with minor losses due to renewed selling. |
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| The benchmark ten-year security, 9.81 per cent 2013, edged down to Rs 134.10. |
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| Call money rates remained below the repo rate owing to plenty of liquidity in the system. The rates closed at 4.25-4.50 per cent. |
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| The RBI received repo subscriptions worth Rs 32,900 crore. |
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Forex market |
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Market Sentiment: Bullish |
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| The rupee dipped sharply to 45.91/92 per dollar due to dollar demand from corporates and importers, and also partly due to the greenback |
