Sentiment: Bearish  
  • Concerns raised by the finance minister on inflation triggered a bout of selling in the market
  • Prices of government securities fell by 10 paise across maturities.
  • The yield on 10-year paper closed at 7.51 per cent against a close of 7.47 per cent on Monday.
  • Call rates ruled at a high of 8/8.5 per cent with the RBI infusing around Rs 18,000 crore from the market.
  • The market expects the cut-off yield on t-bills to be on the higher side in line with the overall interest rate trend
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    First Published: Jan 10 2007 | 12:00 AM IST

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