Traded Volumes At Rs 181.96 Crore

NSE REPORT

The wholesale debt market of the National Stock Exchange (NSE) witnessed very subdued trading yesterday with total trades amounting to Rs 181.96 crore.

The most actively traded securities were the 13.50 per cent 1997 central government loan which was traded for Rs 25 crore at 10.31 per cent and the 12 per cent 1999 central government loan which was traded at 12.65 per cent.

The 13 per cent taxable bond of NHPC was traded for Rs 10 crore at 12.96 per cent. The inter-bank call rate ruled in the range of 4.75 - 5.25 per cent. Said the treasury head of a private sector bank, with almost 70 per cent of the advance tax outflows already having taken place, call rates should stabilize now.

There is an overall dullness in the market and nobody is prepared to take fresh positions, said a dealer with a nationalised bank. Dealers expect the same trend to continue in todays trading. Trading in corporate debentures was also down from a high of Rs 34.24 crore on Thursday to just Rs 2.98 crore..

The most actively traded debentures were the 16 per cent MRPL 2002 which witnessed trades worth Rs 2.76 crore and the 15 per cent Reliance F 1999 at 11.92 lakh.