Re ends lower at 44.04/$

MARKETS REPORT

Rupee depreciation, oil prices and led to a lacklustre market.

Gilt prices in the long and medium term papers ruled in the range of 4-7 paise

The 10-year 7.38 per cent 2015 gilt closed at 7.09 per cent.

Call rates was comfortable with reverse repo bids at Rs 32,000 crore.

Corporate bond market remained lacklustre.