Money Market

Image
BUSINESS STANDARD
Last Updated : Feb 26 2013 | 1:13 AM IST

Sentiment: Lacklustre/weak

  • Government security prices opened weaker, inched up by around thirty paise but finished at morning levels.
  • Liquidity concerns on account of on-tap sales of state loans weighed on sentiment.
  • Corporate yields climbed up by 10 basis points.
  • Also Read

  • Call money ended higher at 5.80-6.00 per cent in anticipation of liquidity crunch tomorrow.
  • Forex market

    Market Sentiment: Bullish

    The rupee ended weak at 47.7450/7600 as corporates bought dollars following renewed war fears.

    Outlook

    The rupee is expected to be weaker around 47.74-47.78 band per dollar on concerns following rising crude prices and month-end demand for dollars. Forward premiums could also edge up.

    *Subscribe to Business Standard digital and get complimentary access to The New York Times

    Smart Quarterly

    ₹900

    3 Months

    ₹300/Month

    SAVE 25%

    Smart Essential

    ₹2,700

    1 Year

    ₹225/Month

    SAVE 46%
    *Complimentary New York Times access for the 2nd year will be given after 12 months

    Super Saver

    ₹3,900

    2 Years

    ₹162/Month

    Subscribe

    Renews automatically, cancel anytime

    Here’s what’s included in our digital subscription plans

    Exclusive premium stories online

    • Over 30 premium stories daily, handpicked by our editors

    Complimentary Access to The New York Times

    • News, Games, Cooking, Audio, Wirecutter & The Athletic

    Business Standard Epaper

    • Digital replica of our daily newspaper — with options to read, save, and share

    Curated Newsletters

    • Insights on markets, finance, politics, tech, and more delivered to your inbox

    Market Analysis & Investment Insights

    • In-depth market analysis & insights with access to The Smart Investor

    Archives

    • Repository of articles and publications dating back to 1997

    Ad-free Reading

    • Uninterrupted reading experience with no advertisements

    Seamless Access Across All Devices

    • Access Business Standard across devices — mobile, tablet, or PC, via web or app

    More From This Section

    First Published: Feb 25 2003 | 12:00 AM IST

    Next Story