Re slumps to 44.41/$

MARKETS REPORT

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Our Banking Bureau Mumbai
Last Updated : Jan 28 2013 | 5:12 PM IST
 
Sentiment: Volatile
 
  • The spot rupee opened at 44.20/ 22 but fell to a low of 44.44 following dollar demand before closing at a low of 44.41.
  • Forward premiums closed at 0.79 per cent and 0.68 per cent for six-month and one-year dollars, respectively.
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    Money market
     
    Sentiment: Bearish
  • The prices of the government securities rallied post auction cancellation on Thursday .

  • The prices of government securities went up by 30-35 paise on the medium-term and long-term papers.

  • The ten-year benchmark 7.38 per cent 2015 paper closed at 7.09 per cent while 7.37 per cent 2014 paper was the top-traded security.

  • Call money rates remained comfortable at 5.05 per cent.

  • Corporate bond market remained laclustre with yields firming up tracking the government securities.
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    First Published: Oct 08 2005 | 12:00 AM IST

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