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| Sentiment: Weak |
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- Government security prices crashed amid a relatively high inflation figure of 6.12 per cent, released yesterday, as against the expectation of 6.02 per cent.
- Prices of long-term papers fell by almost 40 paise, while those of short-term securities came down by 20 paise.
- The yield on the ten-year benchmark paper closed at around 5.22 per cent.
- Call money rates closed around 4.30-40 per cent.
- Repo subscriptions touched Rs 40,000 crore.
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| Forex market |
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| Sentiment: Bullish |
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- The rupee remained flat for most part of the day. It opened and closed around 45.2950/30 per dollar.
- Premiums on forward dollars went up, with exporters selling and booking profits. The annualised premiums on six-month and one-year dollars ended at 1.06 per cent and 0.90 per cent, respectively.
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| Outlook The rupee is expected to open around 45.29/32 per dollar on Tuesday. |
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