| |
| Forex market |
| |
| Outlook: The rupee is expected to open in the range of 45.40-45.44 against the greenback on Wednesday. |
| |
| Market Sentiment: Flat |
| |
- The rupee opened at 45.41/45 per dollar and ended lower 45.4250/4350. It touched an intraday low of 45.4625.
- Forward dollars traded at premium. Annualised premium on one-year dollar ended at 0.15 per cent.
|
| |
| Money market |
| |
| Sentiment: Bearish |
| |
- Government securities opened higher but fell later in the day on profit selling.
- Prices of long-term securities fell by 10 paise, while those of medium-term gilts remained unchanged.
- The yield on the ten-year benchmark paper, 7.37 per cent 2014, closed at 5.29 per cent, up from 5.28 per cent on Monday.
- Call money rates were comfortable.
- Repo subscriptions stood at Rs 13,000 crore.
|
| |
|
| |