| |
Sentiment: Neutral
- Gilt prices remained rangebound with the market witnessing a mix of buying and selling interest.
- While the long-term prices moved in the range of 15-20 paise, the medium- and short-term hovered within 5-10 paise.
- The ten-year benchmark paper closed at 5.12 per cent.
- Call money rates ended around 4.40-50 per cent with repo subscriptions at Rs 33,000 crore.
|
| |
| Forex market |
| |
Sentiment: Bullish
- Spot rupee opened at 45. 41/42 and reached an intra-day high of 45.38/39 before the RBI intervention brought it down to close at 45.43/44 to a dollar.
- Forwards also came under pressure due to unwinding of export contracts and the RBI effecting sell-buy swaps . Six-month premium closed at 0.27 per cent.
|
| |
| Outlook The spot rupee is expected to open at 45.40/44 to a dollar. |
| |
|
| |
