- Prices of government securities rallied as investors built up positions on lower-than-expected rise in inflation rate.
- The yield on the benchmark 10-year gilt slid to 5.1524 per cent from 5.1649 per cent on Thursday.
- The yield on the actively traded 14-year 8.07 per cent paper declined to 5.5497 per cent from 5.5595 per cent on Thursday.
- Call money rates ended flat at 4.25-4.50 per cent compared with 4.30-4.50 per cent on Thursday.
Forex market
Sentiment: Bullish
- The rupee touched a five-week closing high of 45.5050/5150 per dollar today on heavy FII inflows and lesser PSB dollar purchases.
- Forward dollars traded at discounts. The one-month dollar ended at an annualised discount of 0.60 per cent, while the six month dollar closed at 0.05 per cent.
Outlook
The rupee may open around 45.50 per dollar on Monday. |
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