Sentiment: Bearish
  • Yields on government securities ended up amid thin trading as PSBs booked quarter-end profits.
  • Prices of medium, long-term securities fell by 8-15 paise.
  • The yield on the benchmark 10-year gilt closed at 5.1987 percent compared with Saturday's 5.1907 per cent.
  • Call money rates ended at 4.25-4.50 per cent, barely changed from previous levels of 4.40-4.50 per cent.
  • Subsciptions to one-day and 14-day repo auctions stood at Rs 27,910 crore.
Forex market
Sentiment: Flat
  • The rupee ended at slightly lower at 45.5575/5675 per dollar compared with Friday's close of 45.5450/5550.
  • Premiums on forward dollars went up. The annualised premium on the six-month dollar closed at 0.24 per cent.
Outlook
The rupee is expected to open around 45.57 on Tuesday.


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First Published: Dec 16 2003 | 12:00 AM IST

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