Re ends at 43.91/$

MARKETS REPORT

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Our Banking Bureau Mumbai
Last Updated : Feb 06 2013 | 7:14 AM IST
 
Outlook:
Sentiment: sluggish
  • The rupee ended weak at 43.9050/9100 after opening slightly up at 43.8950/9000 per dollar.
  • The six-month forward premium edged up to 0.65 compared with its previous close of 0.61 per cent.
 
Money market
 
Sentiment: Bearish
  • Call money rates closed almost flat at 4.95-5.05 per cent on Wednesday unchanged from its previous close of 4.90-5.05 per cent.
  • Yield on the actively traded 7.37 per cent 2014 gilt was quoted at 6.96 per cent compared with its previous close of 6.97 per cent.
  • Bonds gained in early trades as crude prices fell to below $64 a barrel.
  • The corporate bond market was lacklusture.
 
 

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