Sentiment: Cautious |
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| Gilt yields declined as the market felt the on-tap sale of state loans will sail through. |
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| The illiquid 10.03 per cent 2019 gilt opened at Rs 130 (6.94 per cent), edged up to Rs 131.90 (6.78 per cent) and finished at Rs 131.30 (6.83 per cent). |
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| Players tried to compress the spread between liquid and illiquid gilts of the same residual maturity. |
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| Call money rates finished at 5.90-6.10 per cent as against the previous day |
