Sentiment: Bullish
  • Government security prices surged further on sustained all-round buying.
  • Prices of short- and medium-term papers rose by 25-70 paise, while those of long-term gilts shot up by over a rupee.
  • The yield on the benchmark 10-year gilt slid to 5.1649 percent from Wednesday's close of 5.1870 per cent.
  • Call money rates ruled steady and ended at 4.25-4.50 per cent on the back of ample liquidity amid thin demand.
  • One-day repo subscriptions stood at Rs 25,245 crore.
Forex market
Sentiment: Flat
  • The rupee ended marginally up at 45.5100/5175 per dollar on steady FII inflows and greenback's slide against global peers.
  • Premiums on the forward dollar edged up. The premium on the six-month forward dollar ended at an annualised 0.12 per cent.
Outlook The rupee is expected to hover around 45.50 per dollar on Friday.

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First Published: Dec 19 2003 | 12:00 AM IST

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