| |
| Sentiment: Bullish |
| |
| The rupee closed at a four-month closing high of 45.6300/6400 per dollar on strong dollar inflows from foreign institutional investors. Premiums on forward dollars ended higher. Annualised premium on the benchmark six-month dollar ended 2.86 percent. |
| |
| MARKETS REPORT |
| |
| Sentiment: Bullish Prices government securities slid to two-year low on Wednesday as wary traders sold off stocks after the RBI governor indicated inflationary hopes would determine interest rate course. The yield on the benchmark 10-year paper ended higher at 6.8607 per cent compared with 6.8182 per cent on Tuesday. Call money rates ended unchanged at 4.50-4.70 per cent. |
| |
|
| |
