Re down a tad at 43.56/$

MARKETS REPORTS

 Sentiment: Bearish  

• The market moved under a bearish sentiment apprehending higher cut-off yield in the auction.
• Prices of government securities moved in the range of 5-10 paise, but after the auction prices fell by almost 15-20 paise.
• The 10-year 7.37 per cent 2015 gilt closed at 7.12 per cent.
• Call money rates softened to 4.95 per cent with reverse repo bids at Rs 17,930 crore.