Sentiment: Bearish |
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| Gilt yields ended sharply higher in wake of the sale of state loans next week. |
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| The yield on the 10-year benchmark, the 9.81 per cent 2013 bond, ended at 6.4219 per cent. |
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| Corporate yields rose amid thin trade on mounting US-Iraq war fears. |
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| Call money closed sharply higher at 6.00-6.25 per cent. |
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| Traders fear the state loan sale and tax payments may impact market liquidity. |
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Forex market |
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Market Sentiment: Nervous |
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| The rupee ended weaker at 47.6475/6550 as importers rushed to cover short dollar positions. The six-month annualised premium finished at 3.57 per cent. |
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