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Sentiment: Moderate
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| Gilt prices during the day moved up 50-70 paise in long tenors and 40-50 paise in medium tenors. Prices fell following the high cut-off in the auction on Thursday and high inflation figures. The 10-year benchmark 7.27 per cent 2013 closed around 5.19 per cent. Call money rates were comfortable at 4.25 per cent. Repo subscriptions stood at Rs 20,000 crore. |
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| Forex market |
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Market Sentiment: Bullish
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| The spot rupee opened at 45.62 and went up to 45.5950 before closing at 45.60 to a dollar. Forwards firmed up slightly with the 6-month and 1-year closing at -0.03 per cent and per cent. |
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| Outlook |
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| The spot rupee is expected to open on Monday at 45. 58/62 to a dollar. |
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